Question

$1500 for supplies to sell at a football game. Total receipts for the venue was $3,700. What were her expenses as a percentage of revenue for the game

Answer 1

Answer: 41%

Step-by-step explanation:

Answer 2

`\large\boxed{\large\boxed{41\%}}`

Step-by-step explanation:

You need to assume that the total expenses were equal to the cost of the supplies, i.e. there were not other expenses but the $1,500 for supplies to sell.

The total income or revenue was $3,700.

The percentage of the expenses to the revenue is:

`Percentage=(expenses)/(revenue)* 100\\\\\\ Percentage=(\$1,500)/(\$3,700)* 100=40.5\%\approx41\%`