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?
(b) What percent of the sale price is profit? Show your work. Round your answer to the nearest hundredth of a percent.
(c) Lucy collected $223.86 selling necklaces at a craft fair. How many necklaces did Lucy sell? How much profit did she earn? Show your work.