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zzz [600]
3 years ago
6

In February, Campus Cycle Repair had income from sales of $16,000. Expenses for the month included: rent, $1,250; utilities, $45

0; employee wages, $4,800; insurance, $300; parts and supplies, $2,700. The owner also incurs a monthly franchise fee equal to 5 percent of income from sales. What is the amount of profit (or loss) earned by Campus Cycle Repair for the month of February.
Mathematics
1 answer:
djyliett [7]3 years ago
5 0

Answer:

Profit $5700

Step-by-step explanation:

To find loss/profit you subtract the expenses from the total income

Income from sales= $16000

Franchise fee= 5% of sales income

=\frac{5}{100} *16000=800

Rent=$1250

Utilities=$450

Wages=$4800

insurance=$300

supplies=$2700

Total expenses

=$1250+$450+$4800+$300+$2700+$800=$10300

Total income

=$16000

Profit

=$16000-$10300=$5700

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Answer:

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Step-by-step explanation:

Let v = # of pp in vans, and let b = # of pp in buses:

8v + 9b = 228,

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If we solve this system of equations by substitution, we isolate the first eq. for v and then substitute into the bottom eq:

v = 228-9b/8,

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v = 228 - 9(20)/8 = 228  - 180/8 = 48/8 = 6

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3 years ago
peter went to a store. he bought 5.20 Ibs. of jelly beans and cherries. if 3.24 Ibs. we're jelly beans, how many pounds were che
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3 years ago
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