A storeowner orders 25 calculators that cost $48 each. The storeowner can sell each calculator for $60. The storeowner sold 22 calculators to customers. He had to return 3 calculators that were never sold and pay a $2 charge for each returned calculator (although the initial cost is refunded). What is the storeowner's profit?

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23 August, 05:18

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Taylor Hanson · Answer 1

25*48=1,200

So we start at - 1,200

22*60=1,320

So currently we are at a profit of $120.

120-6=114

Total profit: $114