SOLUTION: Could someone pleas show me how to do this problem? You have a monthly budget of $5,000 and labor cost is $1835 What percentage of the total monthly budget is spent on labor?

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Question 419897: Could someone pleas show me how to do this problem?
You have a monthly budget of $5,000 and labor cost is $1835
What percentage of the total monthly budget is spent on labor?

Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!
The fraction of the monthly budget spent on labor is

The definition of % is "per one-hundred", so


36.7% answer

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