Answered

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Moshde runs a hairstyling business from her house. She charges $45 for a haircut and style. Her monthly expenses are $960. She wants to be able to put at least $1,200 per month into her savings account order to open her own salon. How many “cut & styles” must she do to save at least $1,200 per month?

Sagot :

Answer:

48 cuts and styles

Step-by-step explanation:

 

Parrain

Moshde needs to make 48 haircuts and style per month to save $1,200.

Moshde makes $45 per haircut and yet incurs $960 in expenses every month.

She needs to cut enough hair that she makes the $960 in expenses and then a further $1,200 that she can put in savings.

The formula to find out the number of cuts she needs to make is:

= (Monthly expenses + Desired profit) / Profit per cut

= (960 + 1,200) / 45

= 2,160 / 45

= 48 hair cuts and style

In conclusion, Moshde needs to make 48 haircuts per month.

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