20) A company made $5000 in profit and reserved $75 for training staff. What percentage of the profit, does the company reserve

Question

lisov135 [29]

3 years ago

13

20) A company made $5000 in profit and reserved $75 for training staff. What percentage of the profit, does the company reserve

for training? Show working

Mathematics

1 answer:

Rashid [163] · Answer 1 · 2022-02-10T02:44:31+03:00

Answer:

1.5%

Step-by-step explanation:

First you set up a proportion where 75 over 5000 is equal to X over 100. X in this case represents the percent value. Then you cross multiply. After this you end up with 7500 is equal to 5000x. Now, you simplify by dividing both sides by 5000 and get that x equals 1.5%.