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Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

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Chapter
Section
BuyFindarrow_forward

Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447
Textbook Problem

Solve the following for the rate. Round to the nearest tenth of a percent when necessary.

What is the rate if the portion is 21.6 and the base is 160?

To determine

To calculate: The rate if portion is 21.6 and the base is 160.

Explanation

Given Information:

Provided value of portion is 21.6 and value of base is 160.

Formula used:

Step 1: Pick the formula that computes the unknown value.

Step 2: Solve the equation by putting the known values for the variables in the formula.

The formula to compute the rate is:

Rate=PortionBase

Calculation:

Consider that value of portion is 21.6 and value of base is 160.

The formula to compute the rate is Rate=PortionBase.

Now substitute P=21

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