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Grace
2 months ago
8

Kim's business earns $10,000 per month. Kim's non-employee expenses are $3,000 per month. If Kim wants $2,000 in profit per mont

h, how many employees can Kim have if each employee costs $1,000 per month?
Mathematics
2 answers:
AnnZ [12.3K]2 months ago
8 0

Response:

The monthly income of Kim's business is $10,000.

Every month, Kim spends $3,000 on non-employee costs.

To achieve a monthly profit of $2,000, the highest possible expenditure for employees is calculated as follows:

10000 - 3000 - 2000 = 5000

With the cost of each employee being $1,000 a month, Kim can hire a maximum of 5000/1000 = 5 employees.

Hope this is useful

:)

Zina [12.3K]2 months ago
3 0

Response:

5

Detailed explanation:

Revenue minus profit equals expenses

10000 - 2000 = 8000

8000 = 3000 + 1000n

1000n = 5000

n = 5

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