## 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

Question

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

1. 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