debbiehasani
Answered

The profit a company earns every month depends of the amount of product sold, p, for $855 each and the amount spent in rent, utilities and other expenses, which always totals to $6,780. The CEO of the company earns 15% of this profit. How much does the CEO earn if the company sells 250 products in a given month?

A) $20,950.75
B) $28,458.50
C) $31,045.50
D) $34,650.75

Answer :

BooksAndCoffee
Hello!

To start of, first you multiply the product by the amount of how much of the product was sold, so you'd write it out as 855 x 250 which would equal $213,750.

Now you must subtract the expenses which have been listed as $6,780 so 213,750 - 6,780 would equal $206,970 left. But the company doesn't get all of it, only 15%. So, we multiply 206,970 by .15 and we get $31,045.50

This means your correct answer is C

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