Answer:
The store owner's profit is $230.
Step-by-step explanation:
The number of calculators ordered in total = 25
But out of this 25, the number of calculators returned = 3
So, the calculators that he actually paid for = 25 - 3 = 22
The cost price of 1 calculator = $ 30
So, the cost price of 22 calculators = 22 x ( $ 30) = $660
Also, he paid $4 charge for each returned calculator.
So, the total charge paid for 3 calculators returned = 3 x (4$) = $12
Hence, his Total Cost Price
= Cost Price of 22 calculators+ Return charge of 3 cal.
= $660 + $12 = $672
Also, The selling price of 1 calculator = $ 41
So, the selling price of 22 calculators = 22 x ( $41) = $902
Hence, Total Selling Price = $902
PROFIT = TOTAL SELLING PRICE - TOTAL COST PRICE
= $902 - $672 = $230
Hence, the store owner's profit is $230.
