Question

An online company is making $60 profit every week. The company owes the bank 300 dollars for the start-up money. How much does the company need to pay the bank and make a profit of 150

Answer 1

The company must make $450.

If the company must pay $300, then you will take 300, and since they want to make a profit, which means 1500 dollars more once they pay the 300, the you will add that to 300.

300 + 150 = 450

Now to find how many weeks it will take, you will divide 450 by 60:

450/60 = 7.5

It will take 7 1/2 (or round it to 8)weeks to gain $450, which is enough money to pay the bank $300, and make a profit of $150.

Explanation:

Hope it helps! =D