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pshichka [43]
3 years ago
15

The Revenue for the week is $2000, and labor cost consists of two workers earning $8 per hour who work 40 hours each, what is la

bor cost as a percentage of Revenue?
Mathematics
1 answer:
kkurt [141]3 years ago
8 0

8*40 = 320 * 2 = $640 for the 2 workers

640/2000 = 0.32

labor cost is 32% of the revenue

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Answer:

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Step-by-step explanation 1:

\frac{7}{25} + \frac{3}{4} = \frac{28}{100} + \frac{75}{100} = \frac{103}{100}

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Step-by-step explanation 2:

\frac{(7 * 4) + (3 * 25)}{4 * 25} = \frac{28 * 75}{100} = \frac{103}{100}

↑ Another way of knowing the answer is by using a fraction solving method. As we can see, the denominator is once again 100.

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