SOLUTION: They plan to have 10 bikes. Katie thinks they should charge £10 a day per bike. They expect to rent each bike for an average of 25 days a month. Katie has calculated the costs for
Algebra.Com
Question 1085673: They plan to have 10 bikes. Katie thinks they should charge £10 a day per bike. They expect to rent each bike for an average of 25 days a month. Katie has calculated the costs for maintenance and the delivery service to be a total of £750 a month. Calculate Profit
Answer by addingup(3677) (Show Source): You can put this solution on YOUR website!
(10*10*25)-750 = Profit. Use your calculator.
RELATED QUESTIONS
Income
In order for Sea Side Bicycles to stay in business they must make a profit.... (answered by advanced_Learner)
Isaac and Shonda can rent a canoe for $12 per day and they can rent
mountain bikes for... (answered by Boreal)
Jesse and Lisa start a business tutoring students in math. They rent an office for $200... (answered by JulietG)
A bike rental company charges $10 to rent a bike plus $2 for each hour the bike is... (answered by MathLover1)
Write an equation for each situation, then identify the slope and y intercept.
a.... (answered by MathLover1)
To rent a venue for a musical, the Media Group has to pay R3000.00 plus R450.00 per day.
(answered by josgarithmetic)
Writing a let statement for:
Nbida's bike rental bikes for $19 plus $5 per hour. Ming... (answered by sheffydavid@gmail.com)
Patricia and chelsea can build a bike together in an hour and a half. However, if... (answered by palanisamy,richwmiller)
A bike shop rents mountain bikes for a $8.50 insurance charge plus $3.50 for each hour.... (answered by nerdybill)