A shoe company sells $4000 worth of shoes every month. If they want to make $60000 in an entire year how many more dollars per month should they make selling shoes?
Thoughts? Step-by-step reasoning:
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The amount of money they currently make in a year is 12 * 4000 = $48000. The additional amount they need to make is $60000 - $48000 = $12000 per year. So, they should make $12000 / 12 = $1000 more every month.
Thus, the answer is 1000.
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