Question

The owner of a restaurant franchise pays the parent company a monthly fee of $5163 plus 12% of sales.
(b) Use 0.12x +5163 to compute the amount that the owner has to pay if monthly sales are $10,700.

Answer 1

To compute the amount that the owner has to pay if monthly sales are $10,700, we substitute x = 10700 into the expression 0.12x + 5163.

So, the amount that the owner has to pay is 0.12(10700) + 5163 = $763.