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profit and loss

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profit and loss

by jainrahul1985 » Sat Jul 25, 2009 9:53 pm
A store’s selling price of $2,240 for a certain computer would yield a profit of 40 percent of the store’s cost for the computer. What selling price would yield a profit of 50 percent of the computer’s cost?

A. $2,400
B. $2,464
C. $2,650
D. $2,732
E. $2,800
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by shibal » Sun Jul 26, 2009 5:27 am
IMO A

2240/1,4=1600

1600*1,5=2400
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