Question

30 ipods were up for sale at the local electronic store. The store owner sold the first 20 ipods for at least $15 and he sold the next 9 ipods for at least $20. If the owner made a total revenue of $600 by selling these 30 ipods, how much must he have sold the last ipod for?

Answer 1

The last iPod must have been sold by the electronic store for a price of $120.00.

The sales calculation will be as follows:

20 x $15.00 =    $300.00

9 x $20.00   =    $180.00

1 x $120.00 =    $120.00

30 iPods      =    $600.00