Washington Construction built 13 ranch houses for $117,000 each. From the sale of these houses, Washington received $2,100,000.

a. How much gross profit did Washington make on the houses?

b. If the four partners of Washington Construction split all profits equally, how much will each partner receive?

Question

Mathematics

Bryan Dougherty

20 September, 08:38

Washington Construction built 13 ranch houses for $117,000 each. From the sale of these houses, Washington received $2,100,000.

a. How much gross profit did Washington make on the houses?

b. If the four partners of Washington Construction split all profits equally, how much will each partner receive?

+2

Answers (1)

Know the Answer?

Rocky · Answer 1

A.) 579000

B.) 144750

Step-by-step explanation:

13 houses times 117,00 (The price to build each one) eguals 1521000

2100000 minus 1521000 equals 579000 of profit

4 people so you divide the profit by 4 to get 144750

Washington Construction built 13 ranch houses for $117,000 each. From the sale of these houses, Washington received $2,100,000.a. How much gross profit did Washington make on the houses?b. If the four partners of Washington Construction split all profits equally, how much will each partner receive?