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# A corporation that had \$115.19 billion in profits for the

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Intern
Joined: 30 May 2005
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08 Jul 2007, 18:20
This topic is locked. If you want to discuss this question please re-post it in the respective forum.

A corporation that had \$115.19 billion in profits for the year paid out \$230.10 million in employee benefits. Approximately what percent of the profits were the employee benefits? (1 billion = 10^9)

a) 50%
b) 20%
c) 5%
d) 2%
e) .2%

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Director
Joined: 08 Jun 2007
Posts: 575

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Re: Parts of Numbers - Q2 [#permalink]

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08 Jul 2007, 20:41
this should be guessed rather calculated..anways

should be (230.10 * 10^-3 /115.19 ) * 100 = 0.2%

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Senior Manager
Joined: 04 Jun 2007
Posts: 364

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09 Jul 2007, 11:17
2
KUDOS
just approximate the numbers in the numerator and denominator.

since the set- up is

(230.10 x 10^6/ 115.19 x 10^9) * 100

write it as such

(230/115)* (1/1000)* (100)
= 2 * (1/10)
= 0.2%

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Non-Human User
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Re: A corporation that had \$115.19 billion in profits for the [#permalink]

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24 Feb 2017, 01:56
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Re: A corporation that had \$115.19 billion in profits for the   [#permalink] 24 Feb 2017, 01:56
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# A corporation that had \$115.19 billion in profits for the

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