Question

ADM120: BUSINESS MATH C-T320-02: Jun 29, 2020 - Sep 19, 2020 ! Courses / Business Math / Week 5 ( 29th July)1 Jeand want to underwendo hire a contra murhebe 540.000/year minimum and the cost per customer would be 65. How much should the charge each customer she wants to the Considering that she pays $2500year advertisement les she can have 400 customers patients) per month What we hebben Select one a o b. 114.04 c. 94.04 d. 188.08 page O gi FB

Answer 1

Given, Receptionist charges = $2700/month assistant charges= $3500/month Rent = $40,000/ year minimum ie, Rent = $ 40,000 / month minimum 12 No. of customer 400/month cost of acustomer = $65 Total cost of customers = $(65X400)/ Profit = $ 8000/ month Advertisement fees = $25000/year = $ 25000 /month month 12 Let the charges each customer pays be $ x. to break even. 7 Total cost Total Earnings + Profit (per month ) Le, 2700 +3500 + 40,000 + 65X400 + 8000 12 +25000 12 = 400 x x 10 45,616.66 67 = 400n 114.0416 ie, a=45616.6667 400 114.0 0 0 Option (6) is correct.