Question

Solve for rate in the following application problem. A company reports that office income last month was ​$315,400​, while advertising expenses were ​$21,447.20. What percent of last​ month's income was spent on​ advertising?

Answer 1

Answer:

6.8%

Step-by-step explanation:

$\frac{21447.20}{315400}$  When you divide this, you get 0.068.  This is in decimal form.  To change to a percent move the decimal to places to the right 6.8%