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casey purchased a 4-unit apartment building. From the rent he collects each month,casey pays out $600 for expenses. How much rent must he charge for each of the 4 apartments if he wants to make $500 profit each month? The amount of rent is the same for each of the apartments.

 do I times $600 *4 = 2,400 or do I just add 600 +500 and that would make it $11,000 a month is what he would need to charge?

 Oct 28, 2014

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 #2
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If he has total expenses of $600.00 (for all the apartments combined) and if he wants to make a total profit of $500.00, he would need to charge a total of $1100.00. 

Dividing $1100.00 by 4, he would have to charge $275.00 each.

 Oct 28, 2014
 #1
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you would just add 500 and 600 for the amount charged to each apartment

 Oct 28, 2014
 #2
avatar+23247 
+10
Best Answer

If he has total expenses of $600.00 (for all the apartments combined) and if he wants to make a total profit of $500.00, he would need to charge a total of $1100.00. 

Dividing $1100.00 by 4, he would have to charge $275.00 each.

geno3141 Oct 28, 2014

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