To calculate: the total profit in terms of c.
Answer to Problem 12MPS
The profit is $(
Explanation of Solution
Given information:
No. of calculators bought for $8 each= c, Selling price= $10,
No. of calculators not sold= 4
Formula used: Profit= Selling price- Cost Price
Calculation:
Cost price of one calculator= $8
Therefore cost price of
Selling price of one calculator= $10
Selling price of
According to question,
Profit= Selling price- Cost Price
Thus, the profit in terms of
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Algebra: Structure And Method, Book 1
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