Question

The owner of a craft store donates 5% of his profits to a local charity every month. If he wants to donate at least $200 this month , how much profit will the business need to earn??

Answer 1

The owner of a craft store donates 5% of his profits to a local charity every month

So for this month

5 percent=$200

100 percent =$200*20

Profit this month =$4000

Therefor profit this month will be $4000

And he will donate 5 percent which is $200