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gwd 11-33

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?

$2,400

$2,464

$2,650

$2,732

$2,800

Answer: (2) $2464

I kept getting 2400 as my answer~~~did I misunderstand this question?

Selling price=1.4Cost cost=2240/1.4 cost=1600

To yield 50% profit=1600*1.5=2400?????????

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agree with you

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