Real-Life Math -- Solution
It's been a long day for our beginning stylist. She sits down
for the first time in hours and calculates how much she's earned in commissions
and tips.
To begin with, calculate how much money the beginning stylist
brought into the salon:
5 haircuts x $20 = $100
1 long
hair perm = $62
3 colors x $28 = $84
2 wash and styles x $18 = $36
2
regular perms x $45 = $90
The total is $100 + $62 +
$84 + $36 + $90 = $372
Now, calculate the commission.
38
percent of $372
0.38 x $372 = $141.36
Add
the commission and tips for the total income:
$141.36
+ $23.50 = $164.86
Now, calculate the cost of renting
the chair for 1 day, based on a 5-day workweek:
$98 divided
by 5 = $19.60 per day
Subtract the rental cost from the total
income:
$164.86 - $19.60 = $145.26
She
earned $145.26 for the day.
This is her gross income for the day. Her
net income will be less than this, since she still has to pay
her taxes.