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Pete Ross read in a Wall Street Journal article that the cost of parts and labor to make an Apple iPhone 4S were as

 

Pete Ross read in a Wall Street Journal article that the cost of parts and labor to make an Apple iPhone 4S were as follows: Display $ 37.00 $ 25.60 Memory Labor $ 8.00 Wireless Camera Additional items Profit $24.00 $17.40 $81.00 Assuming Pete pays $654 for an iPhone 4S, how much profit does the iPhone generate?

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