Question

A company announces that it will be giving $4,200 of its profits to charity. If the company profits 28,000 what percent will the company give to charity

Answer 1

Given:

Company profits = $28,000

Charity = $4200

To find:

The percent that will the company give to charity.

Solution:

We have,

Company profits = $28,000

Charity = $4200

Now,

$Charity\%=\dfrac{Charity}{Profit}\times 100$

$Charity\%=\dfrac{4200}{28000}\times 100$

$Charity\%=\dfrac{420}{28}\times 1$

$Charity\%=15\%$

Therefore, the company will give 15% of its profit to charity.