document.write( "Question 934789: If a Contractor want £500 a day and you need a 17% margin, what is the charge rate to the client\r
\n" ); document.write( "\n" ); document.write( "If the client is paying you £610 a day, and you need to make a 18% margin, how much will you pay the contractor? \n" ); document.write( "
Algebra.Com's Answer #567918 by Theo(13342)\"\" \"About 
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cost = 500 per day.
\n" ); document.write( "17% margin = 1.17 * 500 = 85 per day
\n" ); document.write( "charge = 585 per day.\r
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\n" ); document.write( "\n" ); document.write( "you would have to charge at least $585 per day in order to make 17% profit.\r
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\n" ); document.write( "\n" ); document.write( "charge = $610 per day
\n" ); document.write( "cost = x per day
\n" ); document.write( "1.18 * x = 610
\n" ); document.write( "solve for x to get x = $610 / 1.18 = $516.9491525 per day.\r
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\n" ); document.write( "\n" ); document.write( "your cost would have to be less than or equal to $516.94 in order for you to make at least 18% profit.\r
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\n" ); document.write( "\n" ); document.write( "1.18 * 516.94 = 609.982
\n" ); document.write( "you would make exactly 18% if you charged $609.982 per day.
\n" ); document.write( "since you are charging $610.00 per day, you are making a shade over 18%.\r
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