Question

You start a lawn care company with four friends. You agree to split the profits equally. The tools you need to buy cost $525. How much income will you have to earn to each make a profit of $400?

Answer 1

Because you're starting the company with 4 friends, there are 5 people in total. Therefore, if you do (400 × 5) + 525, you get the answer. 400 × 5 = 2000, and 2000 + 525 = $2525. I hope this helps! Let me know if you need me to explain anything :)