It is currently 27 Jun 2017, 09:19

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

# A corporation that had $115.19 billion in profits for the  post reply Question banks Downloads My Bookmarks Reviews Important topics Author Message Intern Joined: 30 May 2005 Posts: 18 A corporation that had$115.19 billion in profits for the [#permalink]

### Show Tags

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%
Director
Joined: 08 Jun 2007
Posts: 573
Re: Parts of Numbers - Q2 [#permalink]

### Show Tags

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

should be (230.10 * 10^-3 /115.19 ) * 100 = 0.2%
Senior Manager
Joined: 04 Jun 2007
Posts: 366

### Show Tags

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%
GMAT Club Legend
Joined: 09 Sep 2013
Posts: 16002
Re: A corporation that had $115.19 billion in profits for the [#permalink] ### Show Tags 24 Feb 2017, 01:56 1 This post received KUDOS Hello from the GMAT Club BumpBot! Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos). Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email. _________________ Re: A corporation that had$115.19 billion in profits for the   [#permalink] 24 Feb 2017, 01:56
Display posts from previous: Sort by