Five percent of a companys profits of $472, 000 are to be shared with 4 supervisors. Thirty percent of the profits are to be shared with 48 hourly employees. What profit sharing amount did each of the supervisors get?

BUSINESS MATHEMATICS

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Five percent of a company’s profits of $472, 000 are to be shared with 4 supervisors. Thirty percent of the profits are to be shared with 48 hourly employees. What profit sharing amount did each of the supervisors get?

A	$2, 950
B	$5, 900
C	$3, 540

Explanation:

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BUSINESS MATHEMATICS