Math CentralQuandaries & Queries


Question from Con, a student:

Apple built 40 32GB wifi iPads, gave away two in a contest, and sold the rest at two times the manufacturing price. If the company's total profit was $10,782, what is the selling price of one of these iPads?

Hi Con,

Suppose the manufacturing price per iPad was $\$M.$ What did it cost to manufacture the 40 iPads? The selling price was $2 \times \$M.$ How many did they sell? What was their revenue? What was the profit? Solve for $\$M.$


About Math Central


Math Central is supported by the University of Regina and The Pacific Institute for the Mathematical Sciences.
Quandaries & Queries page Home page University of Regina PIMS