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A corporation that had $115.19 billion in profits for the

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A corporation that had $115.19 billion in profits for the [#permalink] New post 04 May 2008, 09:53
A corporation that had $115.19 billion in profits for the year paid out $230.10 million in employee benefits. Appox what percent of the profits were the employee benefits?
(1 billion = 10 ^ 9)


230.10 * 10 ^ 6/ 115.19 * 10 ^ 9


230.10/115.19 is apporx 2

2/1000 = .002 /100 = .2 percentage. Answer

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Re: gmatprep - OG [#permalink] New post 04 May 2008, 10:47
I would put the numbers over one another in a fraction and cancel out zeros. You are left with 2,301 / 115,190. I think it's easier not to use scientific notation to solve. However, you get the same answer so use whichever method works for you.
Re: gmatprep - OG   [#permalink] 04 May 2008, 10:47
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