SOLUTION: Jesse and Lisa start a business tutoring students in math. They rent an office for $200 per month and charge $15 per hour per student.
If they have 10 students each for one hou
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If they have 10 students each for one hou
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Question 855566: Jesse and Lisa start a business tutoring students in math. They rent an office for $200 per month and charge $15 per hour per student.
If they have 10 students each for one hour per week, how much profit do they make in a month?
Write a linear equation to solve this problem and explain in words what this means Answer by JulietG(1812) (Show Source):
You can put this solution on YOUR website! Gross profit = 20 * $15 = $300
Expenses = $200
Net profit = $300 - $200 = $100
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(2(10)*15)-(200)=100
(2 [Jess and Lisa] * 10 [the number of students] * 15 [rate per student]) - 200 [expenses] = 100 [net profit]
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Looks like they'd be better off tutoring at the library or the students' homes.
