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The profit a company earns every month depends on 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.

Respuesta :

MrEquation
Answer: The CEO will earn a profit of $31,045.50 if 250 products are sold.

To start, we need to write an expression for the amount of profit. Profit is the amount of revenue minus the cost.

In this case, the revenue is 250 x 855 = 213,750.

The costs are 6,780.

Subtract those values give a profit of: 206,970

We need to multiply that amount by 0.15 to get the profit of the CEO.

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