Question

A storeowner orders 25 calculators that cost ​$33 each. The storeowner can sell each calculator for ​$45. The storeowner sold 22 calculators to customers. He had to return 3 calculators that were never sold and pay a ​$5 charge for each returned calculator​ (although the initial cost is​ refunded). What is the​ storeowner's profit?

Answer 1

Answer:

profit = $120

Explanation:

given data

calculator order = 25

cost = $33 each

sell = $45 each

calculator sold = 22

return = 3

charge for return = $5

to find out

the​ store owner profit

solution

so we know total cost he order = 25 × 33 = $825

and sale cost = 22 × 45 = $990

pay for return 3 × 15 = $45

so profit is = sale - cost of order - pay for return

profit = 990 - 825 - 45

profit = $120