if revenue for week is $2000 and labor cost consists of 2 workers earning $8 per hour who worked 40 hours each, what is the labor cost as a percentage of Revenue

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13-04-2017
Mathematics

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if revenue for week is $2000 and labor cost consists of 2 workers earning $8 per hour who worked 40 hours each, what is the labor cost as a percentage of Revenue

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jdoe0001 jdoe0001 · Answer 1 · 2017-04-13T02:05:30+02:00

40 hrs at 8 bucks, 40*8 or 320, now, is 2 workers, so 320+320 or 640

so... how much is 640 from 2000 in percentage? well, if we take 2000 as the 100%, then [tex]\bf \begin{array}{ccllll} amount&\%\\ \textendash\textendash\textendash\textendash\textendash\textendash&\textendash\textendash\textendash\textendash\textendash\textendash\\ 2000&100\\ 640&x \end{array}\implies \cfrac{2000}{640}=\cfrac{100}{x}[/tex]

solve for "x"