Question 7 options: A computer costs the importer $1800.00. The importer then sells it to make a profit of 15%. The profit will be: $ The selling price is: $
Q. Question 7 options: A computer costs the importer $1800.00. The importer then sells it to make a profit of 15%. The profit will be: $ The selling price is: $
Calculate Profit: Calculate the profit made on the computer.Profit is calculated as a percentage of the cost price.Profit = Cost price × Profit percentage= $(1800.00)×10015= $(1800.00)×0.15= $(270.00)
Calculate Selling Price: Calculate the selling price of the computer.Selling price is the sum of the cost price and the profit.Selling price = Cost price + Profit= $1800.00 + $270.00= $2070.00
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