Question

You run a business in which you have $16800 in overhead costs every month. You make $120 for each client that you see. If you had 70 clients, what would be your profit or loss

Answer 1

$8,400 loss

Explanation:

If you earn $120 for each client you see, and you only saw 70 clients in one month, then, using multiplication, we can see that you would earn $8,400. However, it costs you $16,800 a month to run this business. Subtracting the amount of money you earned from the amount of money you owe (8,400-16,800) yields a negative number (-8,400). Therefore, you lost $8,400 this month.