A cell phone store purchases cell phones at R24 000 per phone and sells a phone for 25% more. (1) What is the selling price per phone and what profit is made per phone?​

Respuesta :

To calculate the selling price per phone, we first find 25% of the cost price, which is R24,000. This comes out to be R6,000. Then, we add this amount to the cost price:

Selling price per phone = Cost price per phone + 25% of cost price
= R24,000 + R6,000
= R30,000

Next, to determine the profit made per phone, we subtract the cost price from the selling price:

Profit per phone = Selling price per phone - Cost price per phone
= R30,000 - R24,000
= R6,000

Therefore, the selling price per phone is R30,000 and the profit made per phone is R6,000.