SOLUTION: Ron charges $10 to park a car in his parking lot. He pays $50 per day to rent the lot. If 40 cars park in his lot during the day, how much does he earn after expenses? Choose the c
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Question 1030984: Ron charges $10 to park a car in his parking lot. He pays $50 per day to rent the lot. If 40 cars park in his lot during the day, how much does he earn after expenses? Choose the correct solution to this problem. Answer by fractalier(6550) (Show Source):
You can put this solution on YOUR website! The choices aren't given so you will have to match my explanation to them.
His expenses are $50 per day.
He brings in 40*$10 = $400 for the day.
His profit is $400 - $50 = $350