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27 July, 11:40

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?

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  1. 27 July, 12:06
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    So the formula here is y = 885p - 6780.

    So let's plug in 250.

    y = 885 (250) - 6780

    y = 221250 - 6780

    y = 214470

    15% of 214470 = 32170.5
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