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An electronics store sells an average of 52 laptops per month at an average selling price that is $660 more than the cost price. For every $40 increase in the selling price, the store sells two fewer laptops. What amount over the cost price will maximize revenue?

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Priyanshu Patel
Priyanshu PatelLv10
20 Feb 2021

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  1. Mark has to figure out values for his business since he needs profits.



a. The regular selling price of a product is $109. The markup rate on selling price is 18% and the operating expenses are 4% on cost. If, during a sale, the product was discounted by 10%, calculate the profit or loss realized.

b. A company manufactures TVs and sells them for $1,122. The variable cost to manufacture each TV is $660. The fixed costs are $360,000 per month. The production capacity is 20,000 TVs per month. a. What is the break-even number of TVs per month? b. Calculate the break-even number of TVs as a percent to capacity. c. How many TVs must be sold, for the company to have a net income of $50,000?


c. If US$1 = C$1.2145, and if the bank in Canada charges 1.5% commission to buy or sell currencies, how many CAD will you receive if you sell US$4,000?



d. The cost of a pump is $1,200. The overhead expenses are 9% of the cost the required profit is 12% of the selling price. Calculate the selling price of the pump.
e. If you sell products for $40 per unit, which have variable costs of $25 per unit, what fixed costs can ensure that you will break even by selling 1,000 units?

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