SOLUTION: A storeowner orders 25 calculators that cost ​$50 each. The storeowner can sell each calculator for ​$63. The storeowner sold 22 calculators to customers. He had to ret

Algebra.Com
Question 1036476: A storeowner orders 25 calculators that cost ​$50 each. The storeowner can sell each calculator for ​$63. The storeowner sold 22 calculators to customers. He had to return 3 calculators that were never sold and pay a ​$55 charge for each returned calculator​ (although the initial cost is​ refunded). What is the​ storeowner's profit?
Found 2 solutions by JBarnum, MathTherapy:
Answer by JBarnum(2146)   (Show Source): You can put this solution on YOUR website!
total cost is
total amount received is
returns cost him $55 but gets refunded $50 for each calculator so in essence it only cost him $10 to return the two calculators. so
now subtract total cost from amount received
Answer by MathTherapy(10552)   (Show Source): You can put this solution on YOUR website!

A storeowner orders 25 calculators that cost ​$50 each. The storeowner can sell each calculator for ​$63. The storeowner sold 22 calculators to customers. He had to return 3 calculators that were never sold and pay a ​$55 charge for each returned calculator​ (although the initial cost is​ refunded). What is the​ storeowner's profit?
Difference between revenue and cost (profit):  

RELATED QUESTIONS


A storeowner orders 25 calculators that cost ​$50 each. The store owner can sell... (answered by stanbon)

	
The Everton College store paid ​$19081908 for an order of 5151 calculators. The... (answered by Boreal)

A storeowner buys a quality of balls for $600. If they had each cost $0.25 less, shewould  (answered by sujatha.krishna)

A storeowner buys a quantity of tennis ball for $600. If they had each cost $0.25 less,... (answered by josmiceli)

A coffee shop has pure Kona beans that sell for 
​$45per pound. The owner wants to  (answered by josmiceli)

Tickets for a certain show cost ​$18​, ​$25​, ​or, for... (answered by josgarithmetic)

A company markets exercise DVDs that sell for ​$14.95, including shipping and... (answered by ankor@dixie-net.com)

word problems-quadratic equation
A storeowner buys a quantity of balls for $600. If they  (answered by scott8148)

A stadium has 53,000 seats. Seats sell for ​$25 in Section​ A, ​$20 in... (answered by Boreal)