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Revenue of 2000. Labor cost of 320.What is labor cost as percentage of revenue

Sagot :

We are writing a fraction [tex] \frac{320}{2000}[/tex] and multiply it by 100%.
[tex] \frac{320}{2000} *100[/tex]%=16%
320 constitude 16% of 2000.
(320)/(2000) x 100 =16%