SOLUTION: Kim and Cyndi are starting a business tutoring students in math. They rent an office 400 dollars per month and charge 40 dollars per hour per student. If they have 15 students each

Algebra ->  Linear-equations -> SOLUTION: Kim and Cyndi are starting a business tutoring students in math. They rent an office 400 dollars per month and charge 40 dollars per hour per student. If they have 15 students each      Log On


   

Question 664310: Kim and Cyndi are starting a business tutoring students in math. They rent an office 400 dollars per month and charge 40 dollars per hour per student. If they have 15 students each for one hour per week how much profit do they make together in a month? (assume 4 weeks per month)
Answer by ReadingBoosters(3246) About Me  (Show Source):
You can put this solution on YOUR website!
$40 per hour
15 students per week
Each hourly student earns them $40 and there are 15 students, so this is multiplication.
40 * 15 = 600 per week
There are 4 weeks per month to earn 600 each week, this is again multiplication.
600 * 4 weeks = 2400 per month
Out of their earned 2400 they must pay for their overhead, the building rent
2400 - 400 = 2000 profit
They are left with $2000 between them.
.........................
Delighted to help.
-Reading Boosters
Wanting for others what we want for ourselves.
www.MyHomeworkAnswers.com