andreapablan624 andreapablan624

17-03-2022
Mathematics

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A calculator costs Php 3,270 and service fee is Php 50. What should be the selling price of the calculator in order to obtain a 35% profit based on cost?

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ewomazinoade ewomazinoade

24-03-2022

The selling price of the calculator in order to obtain a 35% profit should be $3267.

What should be the selling price of the calculator?

Profit is total revenue less total cost.

Profit = selling price - cost price

Cost price of the calculator = service fee + cost

2370 + 50 = 2420

Selling price = (1 + profit) x cost price

1.35 x 2420 = $3267

To learn more about profit, please check: https://brainly.com/question/26181966

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