Question

In order to pay for supplies, a certain business needs to profit $2400.
In its first week of business, the company makes a profit of $1180.
If the variable m stands for the remaining amount of money the company must make to pay for supplies,
which of the following choices is the most reasonable value for m?

A. $300

B. $4000

C. $120

D. $1200

Answer 1

Answer: D. $1200

Step-by-step explanation:

Since we are given the information that the business needs to make a profit $2400 in order to pay for supplies but made $1180 in its first week of business, therefore, the remaining amount that's needed to be made will be:

$1180 + m = $2400

m = $2400 - $1180

m = $1220

Therefore, the closest value will be $1200