mctello7278 mctello7278

03-06-2021
Mathematics

contestada

A bank makes a profit of 20 million euro. The bank pays 500 thousand euro in tax. What percentage of the profit is paid in tax?

Respuesta :

samuelonum1 samuelonum1

04-06-2021

Answer:

2.5%

Step-by-step explanation:

Given data

Profit = Euro 20,000,000

Tax paid= Euro 500,000

The percentage tax paid is

% Tax= Tax paid/Profit*100

% Tax= 500,000/20,000,000*100

% Tax=0.025*100

% Tax=2.5

Hence the percentage tax paid is 2.5%

Answer Link

Otras preguntas

What's the best word to describe how electrons relate to two nuclei in a covalent bond

Why did Congress pass the Indian Removal Act in 1830? A. to move eastern Indian tribes to lands west of the Mississippi B. to move Indian tribes away from the c

A bird owner wants to purchase birdseed from the local pet store. Sunflower seeds sell for $8 per pound and regular bird seed sells for $6 per pound. How ma

Which word is the preposition and which word is the object of the preposition in this sentence? During the raging snowstorm, several cars swerved uncontrollably

What industry dramatically increased as a result of the Georgia colony lifting the ban on slavery

Which sentence has a correctly placed participial phrase? A. The grocery store clerk, reserved for items on sale, placed dented cans on a shelf. B. The grocery

mr. Fields ordered 3 tons of gravel for driveway at a factory how many pounds of gravel did he order

Mao Zedong led the ___ on the Long March. a. Nationalist Party b. People's Liberation Army c. New Life Movement d. People's Republic of China Army

Sonar technology is based on the echo-ranging behavior of : A. Sea lions B. Bats C. Moths D.seals

Which best describes the differences between how Ptolemy and Copernicus described the solar system? A. Ptolemy saw the sun at the center of the solar system,