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  • 20-11-2019
  • Mathematics
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What percent of $8000 is 240?

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  • 20-11-2019

Answer:

[tex]\large \boxed{3.00 \, \%}[/tex]

Step-by-step explanation:

The formula for calculating percentage is

[tex]\text{Percentage} = \dfrac{\text{Part}}{\text{Whole}} \times 100 \, \%[/tex]

The "part" is the $240.

The "whole" is the $8000.

[tex]\text{ \% of earnings}  = \dfrac{240}{8000} \times 100 \, \% = \mathbf{3.00 \, \%}[/tex]

[tex]\text{\$240 is }\large \boxed{\mathbf{3.00 \, \%}} \text{ of \$8000}[/tex]

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