Gamom3 Posted January 30, 2009 Share Posted January 30, 2009 Can someone help us understand this. Ds had a problem in math yesterday--Chalkdust pre-algebra The question is: An antique shop owner expects to receive 16 2/3% of the shop's sales as profit. What is the expected profit in a month when the total sale are $24,000? So we said precent * base = amount 16 2/3% * $24,000 = profit .166667 * $24,000 = profit profit = $4000.08 The answer in the book says that 16 2/3% = 1/6 SO 1/6 * $24,000 = profit $24,000/6 = profit $4,000 = profit Where did they get 1/6?? Quote Link to comment Share on other sites More sharing options...
rockermom Posted January 30, 2009 Share Posted January 30, 2009 Can someone help us understand this. Ds had a problem in math yesterday--Chalkdust pre-algebra The question is: An antique shop owner expects to receive 16 2/3% of the shop's sales as profit. What is the expected profit in a month when the total sale are $24,000? So we said precent * base = amount 16 2/3% * $24,000 = profit .166667 * $24,000 = profit profit = $4000.08 The answer in the book says that 16 2/3% = 1/6 SO 1/6 * $24,000 = profit $24,000/6 = profit $4,000 = profit Where did they get 1/6?? 1/6 of 100% is 16 2/3 (%) Quote Link to comment Share on other sites More sharing options...
Gamom3 Posted January 30, 2009 Author Share Posted January 30, 2009 Sometimes things are so simple I guess that we make it harder! Quote Link to comment Share on other sites More sharing options...
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