Question

STORE'S COST AND LIST PRICE

OF THREE STOVES
Model Store's Cost
List Price
Х
$520
$900
Y
$850
$1,800
Z
$700
$1,200
The chart above shows the store's cost and list price for three models of stoves sold by an appliance store.
During a 20 percent off sale, Gene bought a Model Y stove from this store. How much profit did the store
make on Gene's purchase? (Profit = Price paid - Store's cost)
O $260
O $380
O $590
O $760​

Answer 1

Answer: C) $590

Explanation:

Gene paid $1800 - $1800(0.2) = $1440 for Model Y

The store paid $850 for Model Y.

The profit was $1440 - $850 = $590