Chevon operates her business from home in which she expects to work a 40-hour week while taking four weeks' holiday annually. Her expenses for materials and overheads are expected to be $4,500 per year, and she has set herself a target profit of $17,500 for the first year.

If only 80% of her working time will be chargeable to clients, what price should she charge for a manicure which would take 2 hours?