Your company spends 15% of their budget on rent each year. Their operating budget was $45,000. How much was spent on rent? A. $3,825 B. $6,750 C. $8,750 D. $12,500

Question

Roberto Mcfarland

Mathematics

15 January, 08:29

Your company spends 15% of their budget on rent each year. Their operating budget was $45,000. How much was spent on rent? A. $3,825 B. $6,750 C. $8,750 D. $12,500

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Answers (2)

Know the Answer?

Karen Brooks · Answer 1

15% in 45000

(15/100) * 45000

$ 6750

Korbin Wise · Answer 2

To determine the amount of the money that should be spent for the rent, multiply the operating budget with the given percentage in its equal form. Thus,

Rent = (0.15) x ($45,000) = $6750

Thus, the answer to this item is letter B.