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| Math Central | Quandaries & Queries |
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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 $\$M.$
Penny
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