Question

A carpenter contracts to do a job. The costs for the job are $2000 for materials, $500 for labor, and $150 for equipment rental. What would be the total cost of materials were increased by 15%

Answer 1

$2950

Explanation:

Add together the following three items:

Materials: $2000 plus 15%, or 1.15($2000), or $2300

Labor: $500

Equipment Rental: $150

Total: $2300 + $500 + $150 = $2950