Use these math problems to help your students get familiar with the daily calculations faced by workers in the modern construction industry.
These mathematical problems and calculations are often faced by builders.Feel free to use a calculator to solve these problems.
- A builder is bidding on a house and is using the cost plus profit and overhead pricing model. Using 10% for profit and 5% for overhead, what would the bid price be on $300,000.00?
- A builder is estimating the installed cost of wood flooring in a Great Room which measures 15’ X 12’.
The cost of the flooring is $7.25 per square foot for materials and Installation. Figure 10% additional flooring for waste. What would the installed cost be for the Great Room?