gross profit word problem?
A computer store bought 10 laptops worth 23,500 each in Malaysia. They paid 3,000.00 each for freight charges and 12% sales tax for every laptop sold in China. Determine the gross profit if the computers were sold at 40,000.00 each.
Mathematics - 1 Answers
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Answer 1 :
Cost = 23,500 + 12% = 2820 +freight = 3000 Total = 29320 Total cost = 29320X10 = 2,93,200 Total sales = 40,000 X10 = 4,00,000 Gross profit = 4,00,000 - 293,200 = 1,06,800 ANSWER
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