A community for students.

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing


  • 5 years ago

i need help on a word problem please this is it you are running a small business and your accountant says you must set aside 22% of total revenue for taxes. you spend another 3600 per month on other expenses. how much total revenue do you need to generate in order to clear a profit of 6000 per month

  • This Question is Closed
  1. anonymous
    • 5 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    R - E = P is a general equation to find profit (revenue minus expenses). You must subtract 22% of your R or .22R from your R. R - .22R - E = P .78R - E = P E is 3600 per month and you want P to be 6000 per month. .78R - 3600 = 6000 .78R = 9600 R = 12307.69 You must generate about 12304.69 in total revenue.

  2. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...


  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.