SOLUTION: Monique is starting her own on-line business selling jewellery that she makes. It cost her $3000 to buy a new computer, and monthly expenses for Internet service and materials aver

Question 335164: Monique is starting her own on-line business selling jewellery that she makes. It cost her $3000 to buy a new computer, and monthly expenses for Internet service and materials average about $175 per month. If her revenue for each month averages about $420, how long will it be before she starts to turn a profit?

thankyou
Answer by nyc_function(2741) (Show Source): You can put this solution on YOUR website!
Monthly profit = revenue - expenses = 420-175 = 245.
Time needed to breakeven = 3000/245 =12.24 months.
Hence, Monique will only start to make profit after 12.24 months.

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