PLEASE HELP!!!! 20 POINTS!!!!
1 answer:
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Answer:
$871068.25
Step-by-step explanation:
Given the base of starting the business is $54300 and the total sale after the business is $950000.
Therefore, the profit of the business is $(950000-54300) = $895700.
Now, the commission has to be deducted from the profit at the rate of 2.75% of the profit.
Hence, total profit of the business is given by
895700 [1 - ] = $871068.25 (Answer)