a nail salon pays $2500 in rent per month and each nail technicians get paid $20 per client visit. supplies…

a nail salon pays $2500 in rent per month and each nail technicians get paid $20 per client visit. supplies cost $500 per month. at 150 client visits per month, how much does the salon have to mark up each visit, percentage - wise, for to break even at the end of the month. 0 0 0 0 25% 100% 200% 50%

a nail salon pays $2500 in rent per month and each nail technicians get paid $20 per client visit. supplies cost $500 per month. at 150 client visits per month, how much does the salon have to mark up each visit, percentage - wise, for to break even at the end of the month. 0 0 0 0 25% 100% 200% 50%

Answer

Explanation:

Step1: Calculate total monthly costs

The rent is $2500, supplies cost $500, and the cost for 150 client - visits at $20 per visit is $20\times150 = 3000$. So the total cost $C=2500 + 500+3000=6000$.

Step2: Calculate the cost per client - visit

The cost per client - visit without markup is $\frac{6000}{150}=40$.

Step3: Calculate the base price per client - visit

The base price paid to technicians per client - visit is $20$.

Step4: Calculate the markup percentage

Let the markup percentage be $x$. We know that $20(1 + x)=40$. Solving for $x$, we get $1 + x=\frac{40}{20}=2$, so $x = 1$ or $100%$.

Answer:

100%