John assembles computers and sells prebuilt computers as a business. The parts for the computer cost $800. He sells the computers for 1.4 times the value of the components. He manages to build 60 computers a month. He has to pay $5000 a month in rent and another $3000 in non-rent extra expenses a month. How much profit does he make a month?
Thoughts? Step-by-step reasoning:
User
He sells each computer for 1.4 * 800 = $1120. That means he makes a profit of 1120 - 800 = $320 per computer. So he makes 320 * 60 = $19200 from selling computers. He has extra expenses of 5000 + 3000 = $8000 a month. So his profit is 19200 - 8000 = $11,200.
Thus, the answer is 11200.
Assistant