Question

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

Answer 1

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.

Answer 2

15% in 45000
(15/100) * 45000
$ 6750