Question:

Your profit for mowing lawns this week is $24. You are paid $8 per hour and you paid $40 for gas for the lawn
mower. How many hours did you work this week?

Profit:
Profit is the amount left behind when all other expenses are deducted from the gross proceeds. This financial
benefit is the goal of entrepreneurs when they provide goods and services and this is reflected in their pricing
as a percentage of the total price.

Answer and Explanation:

The information from the problem are:

Profit for the week=P=$24Wage=W=$8hrGas expense=G=$40Profit for the

week=P=$24Wage=W=$8hrGas expense=G=$40
The problem is asking for the number of hours spent in moving lawns for the week. Since the sum of the profit
and the gas expense are the gross or overall proceeds for the week, their sum is:

Gross=$24+$40=$64Gross=$24+$40=$64
Dividing the gross amount with the wages will give the number of hours worked which is:

Hours worked=$64$8hr=8 hrHours worked=$64$8hr=8 hr

There were 8 hours8 hours of work done in the week.