Laurie must set aside 25% of her revenue. For taxes and spend another $1300 per week and other expenses how much total revenue must she gene

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Laurie must set aside 25% of her revenue. For taxes and spend another $1300 per week and other expenses how much total revenue must she generate in order to clear a profit of $2000 per week

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Delilah 1 week 2021-09-09T12:49:22+00:00 1 Answer 0

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    2021-09-09T12:51:06+00:00

    Answer: the revenue must be $4400

    Step-by-step explanation:

    Let x represent the total revenue that she must generate in order to clear a profit of $2000 per week.

    Profit = revenue – cost or total expenses. The expenses are

    She set aside 25% of her revenue for tax. This means that the amount for tax would be 25/100 × x = 0.25x

    She would spend another $1300 per week and other expenses.

    Total expenses = 0.25x + 1300

    Since she needs to generate $2000 profit per week,

    Profit = revenue – total expenses

    2000 = x – (0.25x + 1300)

    2000 = x – 0.25x – 1300

    2000 + 1300 = 0.75x

    0.75x = 3300

    x = 3300/0.75 = $4400

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