Question

A company sell its printers to customers in order to make a profit of 25%. Calculate

(i) the price a customer pays for a printer which the company bought for $1,700
(ii) the price the company paid for a printer which was sold to a customer for $2,500.

Answer 1

the price a customer pays for a printer which the company bought for $2,125

the price the company paid for a printer which was sold to a customer for $2,000

Explanation:

1,700 x 25% = 425 + 1700+ 2,125

2000 x 25% = 500 +2000 =2500