HELP ASP Lucy has a jewelry business. To make a certain necklace, she spends $3.38 on materials and $5.57 on labor. She then sel

Question

3 years ago

8

HELP ASP Lucy has a jewelry business. To make a certain necklace, she spends $3.38 on materials and $5.57 on labor. She then sel

ls the necklace for $15.99. Lucy’s profit on the necklace is equal to the sale price minus the cost of materials and labor.
What percent of the sale price is profit? Round your answer to the nearest hundredth of a percent.

Mathematics

1 answer:

Nataliya [291] · Answer 1 · 2022-03-28T11:45:13+03:00

Nataliya [291]3 years ago

4 0

$5.57 + 3.38 =$
$8.95
15.99 - 8.95 = 7.04