Rich N.

asked • 01/03/18

wife and I disagree on a math problem please help

in month 1, a business has a cost of $7900, but ends with a NET of $10,156.50.  This will repeat monthly.  How much will they have in NET profit at the end of 5 months.
 
please help with the detailed math in this. thanks so much

Mark M.

Do you agree on the definition of "net profit?"
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01/03/18

Tony H.

tutor
I agree with Mark - It depends on what "net profit" means.  I would assume that "NET of $10,156.50" mean that your profit for the month is $10,156.50 - That's pretty much what "net" means.  But if the total income is $10,156.50, then the profit would be $10,156.50 minus $7,900.
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01/03/18

Rich N.

hi to  clarify the word problem -the 10,156.50 sales already accounts for the 7900 cost would that change the answer if so what would it be? Or in other words the businesses expenses are $7900/m. so the sales minus the 7900 ends up being 10156.50.
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01/03/18

Arturo O.

It looks like all you have to do is multiply the net of one month by the number of months, i.e. 5($10,156.50), as in David's explanation below.
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01/04/18

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