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he terms of a percentage lease state that rent is 4% of sales up to $100,000 and 2.5% of sales over $100,000. Your business plan projects monthly sales to average $270,000 per month. There is a $250 per month maintenance fee. What do you project as an average monthly rent plus maintenance fee?

Respuesta :

The terms state there is a rent fee of 4% of sales up to $100,000 and 2.5% of sales over $100,000.

Monthly sales average $270,000. $250 Maintenance fee.


What is the average monthly rent plus maintenance fee?

($100,000)(0.04) = $4,000

($170,000)(0.025) = $4,250

Add the two amounts together  = $4,000 + $4,250 = $8,250

Monthly rent averages $8,250 and the maintenance fee is $250 = $8,500/month.

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