SOLUTION: I have 8 stores who have to share the cost of supplies. Their cost is based on their production. The cost of the supply is $207.00. Store 1 production is 1,368 Store 2 product

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: I have 8 stores who have to share the cost of supplies. Their cost is based on their production. The cost of the supply is $207.00. Store 1 production is 1,368 Store 2 product      Log On


   



Question 238093: I have 8 stores who have to share the cost of supplies. Their cost is based on their production. The cost of the supply is $207.00.
Store 1 production is 1,368
Store 2 production is 2,130
Store 3 production is 5897
Store 4 production is 5,400
Store 5 prod is 4,438
Store 6 prod is 5,916
Store 7 prod is 5,880
Store 8 prod is 5,944
How do I figure the percentage that each store should pay of the $207.00 cost of the supply

Answer by Stitch(470) About Me  (Show Source):
You can put this solution on YOUR website!
You were given the cost of the total production. $207.00
The first thing you need to do is add the production of every store together to find the total production.
1368+%2B+2130+%2B+5897+%2B+5400+%2B+4438+%2B+5916+%2B+5880+%2B+5944+=+36973
To find the pecentage that each store should pay, divide their production by the total production and then multiply that by 100
Example for Store 1:
Store 1 production = 1,368
Total prodution = 36,973
Total production cost = $207.00
Store 1 % of cost: %281368%2F36973%29%2A100+=+3.6999
So Store 1 should pay about 3.70% of the $207.00