PC Bell, a computer manufacturer that sells computer systems directly to customers, buys a computer chip for $150 , software for $250 , and a printer for $40. If the value added by PC Bell from selling this system (including the printer and the software) is $1 comma 100 , what is the price at which the system is sold?

The price is $1,540

Explanation:

The reason is that the profit share is $1,100 and the cost includes computer chip, software and printer which are worth $150, $250 and $40.

The price can be calculated using the following formula:

Price - Cost = Profit

Here profit is $1100 and cost is $440 (150+250+40)

By putting the values we have:

Price - $440 = $1100

Price = $1100 + $440 = $1540