103k views
5 votes
2. Tom makes $50 a day, 5 days a week. If his rent every four weeks was $500, what is

his overall net profit?

User Ajit Soman
by
8.0k points

2 Answers

4 votes

Answer:

$500 net profit in 4 weeks

Explanation:

+$50 a day, 5 days a week, -$500 every 4 weeks

1. solve for initial profit in 4 weeks

5 profitable day*4 weeks= 20 days Tom makes a profit

20 days*$50= $1000 in 20 days

2. subtract rent from initial profit

1000-500= $500

User Derek Litz
by
6.5k points
2 votes
His overall net profit would be $500 dollars because every two weeks he makes $500 so over 4 weeks he would make $1000, but lose $500 to rent.
User Canmustu
by
8.5k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories