SOLUTION: Mr shoes has expenses of $9592 per month. What must the stores total income be if it is to make a 12%profit?

SOLUTION: Mr shoes has expenses of $9592 per month. What must the stores total income be if it is to make a 12%profit?

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Question 586469: Mr shoes has expenses of $9592 per month. What must the stores total income be if it is to make a 12%profit?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Mr shoes has expenses of $9592 per month. What must the stores total income be if it is to make a 12%profit?
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Total Income = 9592 + 0.12*9592
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= 1.12*9592
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= $10,743.00
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Cheers,
Stan H.
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