I can't find 29 789 as a solution for the following question:
A clothes shop sells clothes at 160% of the import price. Other costs consist of renting ($1,350/ month), staff ($1,120/ month) and operation ($825/ month). What is the profit of the shop in February if in this month, it purchases $39,840 worth of clothes and there is still $15,300 worth of goods in stock from January, assuming that at the end of February, everything will be sold out?
Can someone help me?
Thanks in advance for your help!