Question

your company contributes to your retirement fund based on a percentage of your income. your see that the company has contributed $150. to your retirement fund this month. what percentage of your $3,800 salary did your company contribute?​

Answer 1

Answer:

3.94%  Rounded to 4%

Step-by-step explanation:

Here is a formula that will solve percent problems.

%     =   part (is)

100        whole (of)

 ?    =    150             What you are looking for          the 150 is part of the $3800

100      3800           percents are out of 100              $3800 is the total salary.

100 * 150 ÷ 3800 = 3.94%  Rounded to 4%