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.
(a) 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.
(b) What decimal of every dollar of the sale price of the necklace is profit? Show your work. Round your answer to the nearest hundredth.
(c) 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 (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “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 ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
New Questions in Mathematics
4. Original Price: $185.00 Decrease by 45% Final Price: how do I figure this out using proportional reasoning
Answers (1)
The list of ordered pairs below represents a relation. { (-6,10), (-5,4), (-1,-9), (9,-4) } Find the range of the relation.
Answers (1)
How to do number lines
Answers (2)
John has 7 apples and then he gives 3 to his friend. How many apples does he have? Mutlipy by 2
Answers (1)
Evaluate the expression. 4 5 + 3 5 - 2 5 : 1 3 Write your answer as a fraction or as a whole or mixed number.
Answers (1)