Azaz entered into a fixed price contract with a contractor to do an electrical job at his house. The contract is worth $2000 and the contractors hires 1 workman who he pays $50 per hour. Assuming that the workman take 1.5 working days to complete the job, he uses $600 worth or electrical material and has no other cost, how much profit did Azaz make on this contract? 

Answer rating: 100% (QA)

Okay lets break this down stepbystep Given information The fixed price ... View the full answer