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?

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> 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?       Log On


   

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) About Me  (Show Source):
You can put this solution on YOUR website!
The fraction of the monthly budget spent on labor is
1835%2F5000+=+.367
The definition of % is "per one-hundred", so
x%2F100+=+.367
x+=+36.7
36.7% answer