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Real-Life Math

You have been a taxidermist for close to 6 months now. You decide it is time to look at your books and see whether or not you are showing a profit.

"One of the most important things math will do for you," says taxidermist Bob Davis, "is tell if you are making a profit. Without this knowledge you will not be able to stay in business."

In order to determine whether you are making a profit or not, you must calculate the cost of supplies. You need to consider the following items:

Supplies: $12,542
Rent: $2,400
Advertising: $250
Insurance: $1,500
Storage: $1,600
Telephone and Hydro: $832

Your income, before taking off any of these costs, has been $35,400.

What's your net income over the past 6 months? How much did you make per hour? (You worked 40-hour weeks.)

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