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Solve the word problem. Jackie mowed a lawn today to earn some extra money. She spent $1.90 on fuel and $4.65 on lunch. She charged $12.50 to mow the lawn. What was her profit for mowing the lawn? A. $5.95 B. $9.75 C. $15.25 D. $19.05

User Dlaser
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1 Answer

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Answer:

A. $5.95

Explanation:

Jackie's net income for the day is the amount earned less expenses:

... $12.50 -1.90 -4.65 = $5.95

_____

Comment on the problem

For tax purposes, very likely Jackie could not consider the price of lunch to be a business expense. Thus, her business income is $12.50 -1.90 = $10.60. The cost of lunch is possibly an expense Jackie would incur whether she mowed a lawn or not.

User Sanketh Katta
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