1) To calculate the gross earnings, we simply add up all the contracts. $1200.00 + $4600.00 + $2400.00 + $975.00 = $9175.00 So, the gross earnings for that month were $9175.00. 2) To calculate the net earnings, we subtract the cost of materials and wages from the gross earnings. $9175.00 - $4500.46 = $4674.54 So, the net earnings for that month were $4674.54. 3) To calculate the earnings as a percentage of the total gross earnings, we divide the net earnings by the gross earnings and multiply by 100. ($4674.54 / $9175.00) * 100 = 50.9% So, the net earnings were 50.9% of the total gross earnings.

Janet is a self-employed bricklayer. One month she has 4 contracts for $1200.00, $4600.00, $2400.00 and $975.00. The cost of materials and wages for herself and her part-time assistant were $4500.46.1) What was the gross earnings of her business for that month?(Enter your numbers only with no dollar sign or % symbol in the answer boxes)2) What was the net earnings of her business for that month?3) What are these earnings as a percentage to one decimal place of the total gross earnings?

Question

Janet is a self-employed bricklayer. One month she has 4 contracts for $1200.00,$ 4600.00, $2400.00 and$ 975.00. The cost of materials and wages for herself and her part-time assistant were $4500.46.1) What was the gross earnings of her business for that month?(Enter your numbers only with no dollar sign or % symbol in the answer boxes)2) What was the net earnings of her business for that month?3) What are these earnings as a percentage to one decimal place of the total gross earnings?

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Solution 1

To calculate the gross earnings, we simply add up all the contracts.

$1200.00 +$ 4600.00 + $2400.00 +$ 975.00 = $9175.00

So, the gross earnings for that month were $9175.00.

To calculate the net earnings, we subtract the cost of materials and wages from the gross earnings.

$9175.00 -$ 4500.46 = $4674.54

So, the net earnings for that month were $4674.54.

To calculate the earnings as a percentage of the total gross earnings, we divide the net earnings by the gross earnings and multiply by 100.

( $4674.54 /$ 9175.00) * 100 = 50.9%

So, the net earnings were 50.9% of the total gross earnings.

This problem has been solved

Solution 2

To calculate the gross earnings of Janet's business for that month, we need to add up all the contracts she had.

$1200.00 +$ 4600.00 + $2400.00 +$ 975.00 = $9175.00

So, the gross earnings of her business for that month were $9175.00.

To calculate the net earnings, we need to subtract the cost of materials and wages from the gross earnings.

$9175.00 -$ 4500.46 = $4674.54

So, the net earnings of her business for that month were $4674.54.

To calculate the earnings as a percentage of the total gross earnings, we need to divide the net earnings by the gross earnings and then multiply by 100.

( $4674.54 /$ 9175.00) * 100 = 50.9%

So, the net earnings were 50.9% of the total gross earnings.

This problem has been solved

Solution 3

To calculate the gross earnings of Janet's business for that month, we need to add up all the contracts she had.

$1200.00 +$ 4600.00 + $2400.00 +$ 975.00 = $9175.00

So, the gross earnings of her business for that month were $9175.00.

To calculate the net earnings, we need to subtract the cost of materials and wages from the gross earnings.

$9175.00 -$ 4500.46 = $4674.54

So, the net earnings of her business for that month were $4674.54.

To calculate the earnings as a percentage of the total gross earnings, we need to divide the net earnings by the gross earnings and then multiply by 100.

( $4674.54 /$ 9175.00) * 100 = 50.9%

So, the earnings were 50.9% of the total gross earnings.

This problem has been solved

Solution 4

To calculate the gross earnings of Janet's business for that month, we need to add up all the contracts she had.

$1200.00 +$ 4600.00 + $2400.00 +$ 975.00 = $9175.00

So, the gross earnings of her business for that month were $9175.00.

To calculate the net earnings, we need to subtract the cost of materials and wages from the gross earnings.

$9175.00 -$ 4500.46 = $4674.54

So, the net earnings of her business for that month were $4674.54.

To calculate the earnings as a percentage of the total gross earnings, we need to divide the net earnings by the gross earnings and then multiply by 100.

( $4674.54 /$ 9175.00) * 100 = 50.9%

So, the earnings were 50.9% of the total gross earnings.

This problem has been solved

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