Question

How much does the CEO earns?

Answer 1

p = number of items sold (note: this is not the profit)

1 item sells for $855, so p items sell for 855p dollars

Subtract off the cost of 6780 and we have the expression 855p-6780 which is the profit for that given month.

Now plug in p = 250 because 250 items were sold in that given month

855*p - 6780 = 855*250 - 6780 = 206,970

The company earns $206,970 in profit for that month. Apply 15% to this value

15% of 206,970 = (15/100)*206,970 = 0.15*206,970 = 31,045.50

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Answer: $31,045.50 which is choice C

Answer 2

Answer:
The CEO earns a total of $31,045.50

Explanation:

855 * 250 = $213,750

213,750 - 6,780 = 206,970

206,970 * 15% = $31,045.50