1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tigry1 [53]
3 years ago
8

A tenant rented a store to use as a real estate school at a base rent of $1,500 a month. Additionally, the tenant agreed to pay

3% of gross annual sales over $200,000. What were the gross sales if the total rent paid for the year was $30,000?1. $400,0002. $150,0003. $600,0004. $750,000
Mathematics
1 answer:
allsm [11]3 years ago
7 0

Answer:

3. $600,000

Step-by-step explanation:

We have been given that a tenant rented a store to use as a real estate school at a base rent of $1,500 a month. Additionally, the tenant agreed to pay 3% of gross annual sales over $200,000.

Let us find base annual rent.

\text{Base annual rent}=\$1500\times 12\\\\ \text{Base annual rent}=\$18,000

Let us find the amount of rent paid as 3% of gross annual sales.

\$30,000-\$18,000=\$12,000

Let us find amount of sales over $200,000 by dividing $12000 by 3% or 0.03.

\frac{\$12,000}{0.03}=\$400,000

Total sales would be $400,000 plus $200,000.

\text{Total sales}=\$400,000+\$200,000\\\\ \text{Total sales}=\$600,000

Therefore, the total sales for that year was $600,000 and 3rd option is the correct choice.

You might be interested in
Can I please get some help
Aleksandr [31]

Answer:

a. 1.76

b. 2.5

Step-by-step explanation:

You have the following formula given in the exercise:

t=\frac{\sqrt{100-h}}{4}

a. If the object is 50 feet above the ground, you can identify that the value of the variable "h" would be the following:

h=50

Then, knowing that value, you can substitute it into the given formula and then evaluate in order to calculate the time in seconds for the object to be 50 feet above the ground.

This is:

t=\frac{\sqrt{100-50}}{4}\\\\t=1.76

b. When the object reaches the ground, the value of "h" is:

h=0

Therefore, substituting this value into the formula and evaluating, you get that time (in seconds) it takes to the object reaches the ground is:

t=\frac{\sqrt{100-0}}{4}\\\\t=2.5

7 0
3 years ago
Catherine and Lance open a savings account at the same time. Catherine deposits $100 initially and adds $20 per week. Lance depo
docker41 [41]

Answer:

After 40 weeks

Step-by-step explanation:

To get the answer to this question, we need to first know the difference in the amount of money deposited by the 2 individuals and in this case it us $400 since one deposited $500 and the other $100

The next thing to do is to divide the difference in amount(400) by the amount contributed by each person per week.

Catherine deposits $20 per week

400/20 = 20

Lance deposits $10 per week

400/10 = 40

The LCM between 40 and 20 is 40 weeks.

Therefore, both individuals need to deposit money for 40 weeks for both of their savings to be the same.

If Catherine deposits $20 for 40 weeks,she will have 40 × 20 = $800 + $100(initial deposit that she made) = $900

Lance deposits $10 for for 40 weeks and he will have 40 × 10 = $400 + $500(initial deposit made by him)= $900

4 0
3 years ago
Read 2 more answers
Show that if the point with coordinates (x,y) is equidistant from the point (2,0) and the line y=−4, then y=1/8(x-2)²-2.
harkovskaia [24]

Answer:

The demonstration is showed below

Step-by-step explanation:

The distance betwenn two points is given by:

d = \sqrt{(x2-x1)^2+(y2-y1)^2}

If the point is equidistant from a point and a line, the distance must be equal. For the line let's select the point (x,-4), because the distance will be ortogonal, and is the small distance between a point and a line. So:

\sqrt{(x-2)^2+(y-0)^2}  = \sqrt{(x-x)^2+(y+4)^2}

Removing the squares:

(x-2)² + y² = (y+4)²

(x-2)² + y² = y² + 8y + 16

y² - y² - 8y = 16 - (x-2)²

8y = (x-2)² - 16

y = (1/8)*(x-2)² - 16/8

y = (1/8)*(x-2)² - 2

6 0
3 years ago
Rewrite x5/6 divided by x1/6 in simplest radical form
lisabon 2012 [21]
5/6 and 1/6 are exponents to X. The X’s are divided by each other. does that make sense?
5 0
3 years ago
Which could be used to solve this equation?
Usimov [2.4K]

Answer:

Subtract 3 and one-fifth from both sides of the equation

Step-by-step explanation:

Well to find n you gotta separate it.

3 1/5 + n = 9

-3 1/5

n = 5.8

<em>Thus,</em>

<em>to seperate it you subtract 3 1/5 from both sides.</em>

5 0
3 years ago
Other questions:
  • MechNerd has 3 dollars. He loses 1 dollar because he is dumb. How much does he have left?
    15·2 answers
  • Profit is the difference between revenue and cost. The revenue, in dollars, of a company that manufactures televisions can be mo
    6·1 answer
  • What polynomial has roots of -6, 1, and 4 ​
    15·2 answers
  • How does the mean absolute deviation (MAD) of the data in set 1 compare to the mean absolute deviation of the data in set 2?
    12·1 answer
  • If a sloth spends 10 hours every 2 days hanging on a branch, how many hours does it spend each day?
    15·1 answer
  • Jean borrowed $1,250 for a new dining room table and chairs. She will make 12 monthly payments of $120 to repay the loan. How mu
    9·2 answers
  • Show your work on the 2 questions shown in the picture.
    5·1 answer
  • In 2004 kyle was 8 years old . In 2006 kyle was was four year older than his cousin albert. a.how old was albert in 2004. b. in
    7·2 answers
  • 6 ) Ashley has 2 coupons. One coupon is for 15% off, and the other is for \$12 off. She cannot use both coupons. If she wants to
    5·1 answer
  • 1) How do you find the sum of the exterior angle measures of any convex polygon?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!