A contractor charges \$12,520 for a job. If he estimates that his total cost will be \$9850, what percent profit does he expect to earn on the job? Show all steps taken to find the solution
Question
Updated 9/2/2014 10:04:38 AM
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User: A contractor charges \$12,520 for a job. If he estimates that his total cost will be \$9850, what percent profit does he expect to earn on the job? Show all steps taken to find the solution

Weegy: n = (100 x (12520 / 9850)) - 100

Question
Updated 9/2/2014 10:04:38 AM
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A contractor charges \$12,520 for a job. If he estimates that his total cost will be \$9850, the percent profit he will earn is 21.3%.
(12520-9850)/12520*100=21.325

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