A stylist charges $20.00 per haircut. The total cost for running her home-based business is $4,000.00 per month, which includes

Question

2 years ago

7

A stylist charges $20.00 per haircut. The total cost for running her home-based business is $4,000.00 per month, which includes

her salary of $3,000.00 per month. To cover all these expenses and her salary, she must do a minimum of 200 haircuts per month.
Because the cost of living has gone up, she wants to increase her salary to $3,500, making her total monthly expenses $4,500.00

What is the minimum price she must charge for each of the 200 haircuts so she can cover this increased salary?

Mathematics

1 answer:

vesna_86 [32] · Answer 1 · 2023-01-23T01:45:09+03:00

vesna_86 [32]2 years ago

4 0

Answer:

$22.50

Step-by-step explanation:

New minimum price = x

Cost = 4,500 = 200*x

x = 4500/200 = 22.50