Explanation Given: The total income with tax is $900,000 and the federal and tax amount is 40%. Procedure used: “ Steps to solving problem : Step 1: Set up the formula, Portion = Base × Rate . Step 2: Calculate portion.” Calculation: It is given that the base is $900,000. Since the tax is 40% so the profit is 60%. That is, the profit rate is 60% Convert the 60% percent as decimal as follows, 60 % = 60 100 = 0

Practical Business Math Procedures with Business Math Handbook

12th Edition

ISBN: 9781259725067

Author: Jeffrey Slater, Sharon M. Wittry

Publisher: McGraw-Hill Education

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To find: The amount of money Arby’s franchise left.

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Chapter 6 Solutions

Practical Business Math Procedures with Business Math Handbook

Ch. 6.1 - Convert to percents (round to the nearest tenth...Ch. 6.1 - Convert to percents (round to the nearest tenth...Ch. 6.1 - Convert to percents (round to the nearest tenth...Ch. 6.1 - Prob. 4PQ Ch. 6.1 - Convert to decimals (remember, decimals...Ch. 6.1 - Prob. 6PQ Ch. 6.1 - Prob. 7PQ Ch. 6.1 - Prob. 8PQ Ch. 6.1 - Prob. 9PQ Ch. 6.1 - Prob. 10PQ

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