A store owner orders 25 calculators that cost $41 each. The store owner can sell each calculator for $50. The store owner 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?
He buys 25 calculators for $41 each meaning he spends $1025 in total. He was able to sell 22 calculators for $50 which amounts to $1,100. He then returns and is refunded for the original price of the 3 calculators meaning he gets $123 dollars back but he also has to pay $5 for each calculator he returned which takes away $15 from his profit. $123-$15= $108. ($1,100+$108)-$1025=$183.
I'm not sure if this is what you're asking, but You said 70 Shoes and Pants. I'm not entirely sure if you mean 70 shoes and 70 pants, but thats how I'm goig to solve this problem.
