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24 October, 07:30

A bakery with a monthly advertising budget of $3800 decides to set up a media budget. They plan to spend 28% for coupon books, 34% for newspaper, 18% for outdoor signs, 17% for radio, and the remainder for team sponsorship. How much do they plan to spend on team sponsorship for the entire year?

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  1. 24 October, 07:49
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    28% + 34% + 18%+17% = 97%

    100% - 97% = 3%

    $3800 * 0.03 = $114 (for one month)

    For the entire year: $114 * 12 = $1,368

    Answer:

    They plan to spend $1,368 on team sponsorship for the entire year.
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