Question

If the revenue for the week is $2000,and labor cost consists of two workers selling earning $8 per hour who work 40 hours each, what is labor cost aa a percentage of revenue?

Answer 1

so you find what 8h*2 that is $640
640/2000=.30

answer=0.30

Answer 2

$8/h * 80h = $640

$640 / $2000 = .32