Question

A business could not collect $5,000 that it was owed. The total owed to the business was $100,000. What fraction of the total was not collected? (Express As Fraction)

Answer 1

Total owed to the business = $100,000

amount that could not be collected = $5000

Fraction of total not collected

`\text{fraction not collected=}(5000)/(100000)=(5)/(100)=(1)/(20)`