The answer is 1/49
(m 5/6) (m1/6) ^7 = m^x
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The answer is 1/49
The maximum number of hours that can be allocated in a day is 21
Data given;
- Sale = $3500
- Employee pay = $10.00 per hour
- Percentage allocated to employee = 6% of sales
This is the process of finding a fraction of a value multiplied by 100.
Let's find the actual figure allocated to employee pay.
6% of $3500 is;
The percentage out of sale allocated for employee pay is $210
Now we know the actual amount allocated to employee pay and it is $210.
Divide the amount allocated to employee pay by $10:00 to find the actual hours we can allocate in a day.
The maximum number of hours we can allocate in a day is 21 hours.
Learn more on percentage here;