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Vika [28.1K]
3 years ago
11

If sales increase by $1500 in a week , do you think profit for the will also increase by about $1500?"

Mathematics
1 answer:
kari74 [83]3 years ago
8 0

In general, Profit is the difference of Total Sales and Total Expences.

In formula form we could write it,

Profit =  Total Sales - Total Expences.

According to given problem, sales increase by $1500 in a week.

That is some more sales also added to previous sales but still some expences are included in total sales and even in increased sale $1500.

So, in order to get the net profit, we need to subtract all expences (even the original cost in making the product and expences of all servises provided in sales).

Therefore, we could finally say,  "if sales increase by $1500 in a week,  profit would not increase by about $1500".

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3 years ago
A mechanic makes $350 /week. If 20% of his income is deducted for taxes, how muchd id the mechanic bring home as pay?
klemol [59]

Answer:

$280

Step-by-step explanation:

Step one

Given data

A mechanic makes $350 /week

20% of his income is deducted for taxes

Required

the mechanic's take-home pay for the week

Step two:

let us find 20% of $350

=20/100*350

= 0.2*350

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Therefore the take-home pay is

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8 0
3 years ago
Albertson's found that the demand for Coke products varies inversely as the price of the product. When the price of a Coke produ
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Answer:

859

Step-by-step explanation:

The demand for Coke products varies inversely as the price of Cole products.

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D α 1/p

Where D = demand, p = price of coke product

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Where k = constant of proportionality.

Let us find k.

k = D * p

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=> k = 1250 * 2.75

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D = 859.375 = 859 (rounding to whole number)

The demand for the product is 859 when the price is $4.

8 0
3 years ago
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