Mathematics, 04.02.2021 01:00 911782
1. 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.
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1. Lucy has a jewelry business. To make a certain necklace, she spends $3.38 on materials and $5.57...
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