Shakara and jake are starting a business tutoring students in math, they rent an office for $400 per month and charge $40 a tutoring session, if they get 15 sessions booked in a month, how much profit do they make together in a month?
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Ans. 200
Amount they have to pay for rent = 400
Amount charged for a tutoring session = 40 per session
No. of sessions booked = 15
So money they receive = 15 × 40 = 600 .
Profit = SP - CP = 600 - 400 = 200
So the profit they make is 200 in a month
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