Pablo runs a small car washing business in his neighborhood on the weekends. This past weekend, Pablo earned $284. Prior to opening his car wash, he needed to stock up on soap, sponges, and towels which cost him $46. He also had his son help him with the car washing and paid him $25 for his help. What was Pablo’s net income for this past weekend?

1 answer

To calculate Pablo's net income for the past weekend, we need to subtract his total expenses from his earnings.

Pablo's earnings: $284
Expenses:

  • Cost of soap, sponges, and towels: $46
  • Payment to his son: $25

Total Expenses = $46 + $25 = $71

Now, we can calculate Pablo's net income:

Net Income = Earnings - Total Expenses
Net Income = $284 - $71 = $213

Therefore, Pablo’s net income for this past weekend was $213.