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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

Respuesta :

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%.

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