Lucy has a jewelry business. To make a certain necklace, she spends $3.38 on materials and $5.57 on labor. She then sells the necklace for $15.99. Lucy’s profit on the necklace is equal to the sale price minus the cost of materials and labor. How much profit does Lucy earn when she sells a necklace? What fraction of the sale price of the necklace is profit? Record your answer as a fraction using whole numbers. What decimal of every dollar of the sale price of the necklace is profit? Show your work. Round your answer to the nearest hundredth. Lucy collected $223.86 selling necklaces at a craft fair. How many necklaces did Lucy sell? How much profit did she earn? Show your work.
Answers
Answered by
6
===>44% is correct answer
Step-by-step explanation:
===>(a) What fraction of the sale price of the the necklace is profit?
=>Sale price = 15.99
=>Profit =sale price - costs.
=>Profit = 15.99 - (3.38+5.57) =7.04.
7.04/15.99 =704/1599
b) 0.440275 = 44%
Answered by
18
Answer:
===>44% is correct answer
Step-by-step explanation:
===>(a) What fraction of the sale price of the the necklace is profit?
=>Sale price = 15.99
=>Profit =sale price - costs.
=>Profit = 15.99 - (3.38+5.57) =7.04.
7.04/15.99 =704/1599
b) 0.440275 = 44%
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