document.write( "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? \n" ); document.write( "

Algebra.Com's Answer #651170 by stanbon(75887) $\"\"$ $\"About$

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?
\n" ); document.write( "Original cost:: 25*50 = 1250
\n" ); document.write( "Sales revenue:: 22*(63) = 1386
\n" ); document.write( "Return loss:: 3*55 = 165
\n" ); document.write( "==================
\n" ); document.write( "Profit = 1386-1250-165 = -$29.00
\n" ); document.write( "--------
\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
\n" ); document.write( "-------- \n" ); document.write( "

\n" );