Test_Prep
ASVAB · Question #116
A contractor bids $300,000 as her price for erecting a building. She estimates that 1/10 of this amount will be spent for masonry materials and labor, 1/3 for lumber and carpentry, 1/5 for plumbing…
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Question
A contractor bids $300,000 as her price for erecting a building. She estimates that 1/10 of this amount will be spent for masonry materials and labor, 1/3 for lumber and carpentry, 1/5 for plumbing and heating, and 1/6 for electrical and lighting work. The balance will be her profit. How much profit does she expect to make?
Options
- A$24,000
- B$80,000
- C$60,000
- D$50,000
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