Question

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

his overall net profit?

Answer 1

$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

Answer 2

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.