Morty buys and sells computer parts. He bought two monitors for $25.00 each and later sold them for $88.00 each. He bought four cases for $15.00 each and later sold them for $24.00 each. He bought five memory modules for $20.00 each and later sold them for $55.00 each. Morty 's total cost for the items purchased is? Morty's revenue from the sale of the items was? Morty's total profit was?

Respuesta :

Hi,CP of 2 monitors:
$25*2=$50
CP of 4 cases:
$15*4=$60
CP of memory modules:
$20*5=$100
Net CP=$50+$60+$100=$210

SP of 2 monitors:
$88*2=$176
SP of 4 cases:
$24*4=$96
SP of 5 Memory modules:
$55*5=$275
Net SP=$176+$96+$275=$547

Profit of 2 monitors:
$176-$50=$126
Profit of 4 cases:
$96-$60=$36
Profit of 5 Memory modules:
$275-$100=$175
Net Profit=$126+$36+$175=$337

Answer: Morty 's total cost for the items purchased is $210. Morty's revenue from the sale of the items was $547. Morty's total profit was $337

Morty 's total cost for the items purchased revenue from the sale of the items and  total profit are  $210, $547 and  $337 Respectively

Cost price and Revenue

Given Data

  • Cost Price for Monitor = $25
  • Amount of Monitor bought = 2
  • Total cost for Monitor = $50
  • Selling price for Monitor = $88
  • Revenue made = 88*2 = $176
  • Profit = 176-50 = $126

Cost Price for cases = $15

Amount of cases bought = 4

Total cost for cases = $60

Selling price for cases = $24

Revenue made = 24*4 = $96

Profit = 96-60 = $36

Cost Price for memory modules = $20

Amount of memory modules bought = 5

Total cost for memory modules = $100

Selling price for memory modules = $55

Revenue made = 55*5 = $275

Profit = 275-100 = $175

Total cost of item = 50+60+100 = $210

Revenue = 176+96+275 = $547

Total Profit = 126+36+175 = $337

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