Question

A storeowner orders 25 calculators that cost ​$38 each. The storeowner can sell each calculator for ​$42. The storeowner sold 22 calculators to customers. He had to return 3 calculators that were never sold and pay a ​$2 charge for each returned calculator​ (although the initial cost is​ refunded). What is the​ storeowner's profit?

Answer 1

Explanation:

25*-30= -$750

Second: He sells 22 of those calculators for $35 each, so he is making money.

22*35= $770

Third: With the remaining three calculators, he must pay $2 each for returned calculators, so he is losing money again.

3*-2= -6

Add all the costs and sales together, and you get 770-750-6= $14 profit

However, the problem does not say if he gets his money back for the 3 returned calculators. In that case if he did, you would add the cost of each of those calculators to his profit. 30*3= 90

$90+$14= $104 profit

here u go