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1 vote
1 vote
Can somebody help me please and thank you?

Can somebody help me please and thank you?-example-1
User DrHaze
by
2.3k points

2 Answers

24 votes
24 votes

Answer:

$31045.5

Explanation:

We need to find the profit after selling the products first so

$855 × 250 = $213750

Then we need to subtract the expenses from the profit

$213750 - $6780 = $206970

Since the CEO get paid 15% of the total profit, we just need to take 15% of the above number

$206970 × 0.15 = $31045.5

User Gogutz
by
2.4k points
6 votes
6 votes

Answer: $31045.5

Explanation:

First, you have to start by writing your equation. Start with letting p = the amount of product sold and d = dollars, or the amount of profit the CEO makes.

So, your equation should look like this:

d = the percentage the CEO earns (the profit of the company)

Profit is equal to the amount of gains minus the amount of losses. The amount of gains would be $855 times the number of products sold, and the losses per month are $6780 flat as shown in the problem. Finally, the percentage is 15%, as you're also told in the problem.

So now your equation looks like this:

d = 15% (855p - 6780)

OR

d = .15 (855p - 6780)

Now, you can substitute your 250 products sold in for p, and solve as shown below.

d = .15 (855(250) - 6780)

d = .15 (213750 - 6780)

d = .15 (206970)

d = 31045.5

User Janez Lukan
by
2.6k points