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A store’s selling price of $2240 for a certain computer would yield a profit of 40 percent of the store’s cost for the

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A store’s selling price of $2240 for a certain computer would yield a profit of 40 percent of the store’s cost for the

by Vincen » Thu Mar 18, 2021 11:34 am

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A store’s selling price of $2240 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) $2400
(B) $2464
(C) $2650
(D) $2732
(E) $2800

Answer: A

Source: GMAT Prep
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