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 ->
Customizable Word Problem Solvers
-> Coins
-> 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
Log On
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
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?
