You own a hot dog stand. On your average work day, you sell 120 hot dogs at 0.75 cents a piece. How many months will you need to work to sell for at least $10,000.00? Note: Weekends are a days off for you too!
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Friday, January 8, 2010
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4 comments:
It will take you approximately 3.9682539 months
Scratch that, I'm way off. if you make $90 per day, multiply that by 20 days, that 180 per month, 10,000/180 is 55.5 months to reach your goal. Close?
Here goes;
6 months
Calculate how much you make per work day, 120x0.75 = $90.00. Multiply $90.00 by 5 days = $450.00 per work week. Multiply by 4.2 for monthly earnings, $450x4.2 = $1,890. Divide 10,000 by $1,890 = 5.291 months (we have to round it up). You need at least 6 months to ensure that you sell for at least $10,000.00. Make sense to you??
It does. I was close!
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