Ask Question
16 March, 03:58

A manager pays $5,000 per month plus 2% of total monthly sales to the owner of the buiilding that houses the manager's restaurant. How much will the manager have to pay to her landlord in a month in which her operation's total sales were $80,000? a) $1,600b) $5,000c) $6,600d) $3,400e) $10,000

+2
Answers (1)
  1. 16 March, 04:23
    0
    Option a) $6,600

    Option b) $5,032

    Option c) $5,100

    Option d) $5,132

    Option e) $5,068

    Option f) $5,200

    Explanation:

    Monthly payment amount is computed as Fixed payment amount of $5,000 plus additional 2% of the monthly sales amount.

    Calculations for all options are presented below:

    Option a)

    Fixed Payment Amount $5,000

    Add: 2% of monthly sales (80,000 x 2%) $1,600

    Total Payment $6,600

    Option b)

    Fixed Payment Amount $5,000

    Add: 2% of monthly sales (1,600 x 2%) $32

    Total Payment $5,032

    Option c)

    Fixed Payment Amount $5,000

    Add: 2% of monthly sales (5,000 x 2%) $100

    Total Payment $5,100

    Option d)

    Fixed Payment Amount $5,000

    Add: 2% of monthly sales (6,600 x 2%) $132

    Total Payment $5,132

    Option e)

    Fixed Payment Amount $5,000

    Add: 2% of monthly sales (3,400 x 2%) $68

    Total Payment $5,068

    Option f)

    Fixed Payment Amount $5,000

    Add: 2% of monthly sales (10,000 x 2%) $200

    Total Payment $5,200
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A manager pays $5,000 per month plus 2% of total monthly sales to the owner of the buiilding that houses the manager's restaurant. How much ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers