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

Question 1036477: A storeowner orders 25 calculators that cost $50 each. The store owner 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 store owner profit?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
A storeowner orders 25 calculators that cost $50 each. The store owner 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 store owner profit?
Original cost:: 25*50 = 1250
Sales revenue:: 22*(63) = 1386
Return loss:: 3*55 = 165
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Profit = 1386-1250-165 = -$29.00
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Cheers,
Stan H.
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SOLUTION: A storeowner orders 25 calculators that cost &#8203;$50 each. The store owner can sell each calculator for &#8203;$63. The storeowner sold 22 calculators to customers. He had to re

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