Question

A small business had profits of $200, $300, $400, $500 and $500 over the 5 months. How much profit should the business make in the 6th month to have an average profit of $550 over the 6 months?

Answer 1

$1400

Explanation:

x= profit of 6th month

(200+300+400+500+500+x)

-------------------------------------- = 550

6

(1900+x)=3300

x=3300-1900

x=1400