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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
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Asked 10/9/2012 5:03:01 AM
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
Expert answered|rocketmail|Points 343|

Question
Asked 10/9/2012 5:03:01 AM
Updated 9/2/2014 10:04:38 AM
1 Answer/Comment
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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
Added 9/2/2014 10:04:35 AM
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