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aksik [14]
3 years ago
15

At a firm, ten entry-level employees earn $40,000 a year, 6 junior-level employees earn $60,000 a year, and 3 managers earn $80,

000 a year per person respectively. Find the weighted average of the firm.
Mathematics
1 answer:
Mumz [18]3 years ago
6 0

Answer: answer is: 1000000/19

Step-by-step explanation:

10/19 - 40k -> 10/19*40k= 400000/19

6/19- 60k -> 6/19*60k= 360000/19

3/19 - 80k -> 3/19*80k=240000/19

400000/19+360000/19+240000/19=1000000/19

answer is: 1000000/19

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Paul's budget for food is 30% of the budget he has for rent.
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Paul's rent budget is <u>$750</u>, given that his food budget of $225, is 30 percent of his rent budget.

<h3> What are fractions?</h3>

Fractions are representation of quantities as a part of a certain quantity.

Written as <u>a/b</u>, read as <u>a by b</u>, and functions as <u>a divided by b</u>, represents a fraction showing a parts of b equal parts.

a is called the numerator, and b is called the denominator.

<h3>What are percentages?</h3>

Percentages are modified fractions where the whole quantity is represented by 100.

To convert a fraction into percentages we multiply it by 100, while to convert percentages to fraction divided by 100.

<h3>How to solve the question?</h3>

In the question, we are given that Paul's budget for food is 30% of the budget he has for rent.

We are asked if his budget for food is $225, what is his budget for rent.

We assume Paul's budget for rent to be $x.

We know that Paul's food's budget is 30 percent of his rent.

Hence, Paul's food budget = 30% of x.

or, Paul's budget for food = 30/100 * x {To convert percentages to fraction divided by 100}

But, we know that Paul's food budget is $225. Thus, we can show that:

225 = 30/100 * x,

or, x = (225*100)/30 = 750.

Thus, Paul's rent budget is <u>$750</u>, given that his food budget of $225, is 30 percent of his rent budget.

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