Question

Pam's business earns 33,000 per month. Pam's non-employee expenses are $13,500 per month. If Pam wants $4,500 in profit per month, how many employees can she employ if each employee costs $3,000 per month?

Answer 1

The number of employee that she can employ if each employee costs $3,000 per month is 5 employees.

Using this formula

Number of employee=Business amount earn per month-Non -employee expenses per month-Profit per month/Employee cost

Let plug in the formula

Number of employee=$33,000-$13,500-$4,500/3,000

Number of employee=$15,000/3,000

Number of employee=5 employees

Inconclusion the number of employee that she can employ if each employee costs $3,000 per month is 5 employees.

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