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| Subject:
Another simple (?) math problem
Category: Business and Money > Accounting Asked by: ddelphi-ga List Price: $2.00 |
Posted:
20 Mar 2003 08:19 PST
Expires: 19 Apr 2003 09:19 PDT Question ID: 178688 |
As stated in my last question, Im a terrible mathematician. I hang my head in shame. I know the answer to this is probably quite simple, but when I run the numbers they dont add up. Id ask the accounting department, but, when I ask them a question, they always just roll their eyes and treat me like Im a simpleton, which I am not. Really. Honest. I have seven companies, listed below. Each is responsible for a portion of the total bill, which is $64490.00. I need to know what percentage of the total each company represents. THEN, when I adjust the total to $60000.00, what is the total each company is responsible for. Five stars and a modest tip to the person who gets me this information as quickly as possible, as I need to draw up the contracts today. Please show your work so I can calculate this myself in the future. Company Amount A 7770.00 B 4720.00 C 3080.00 D 3020.00 E 36930.00 F 5000.00 G 3970.00 ____________________________ Total 64490.00 Adjust the total to $60,000.00, and how much does each company owe? Thanks - ddelphi |
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| Subject:
Re: Another simple (?) math problem
Answered By: websearcher-ga on 20 Mar 2003 08:43 PST Rated: ![]() |
Hi ddelphi:
First of all, to find the percentage of the total debt ($64490) that
Company X owes, you simply divide the amount owed by Company X by the
total amount and then multiply that by 100.
So, for example, Company A owes:
7770
------- x 100 = .1205 x 100 = 12.05 %
64490
So, doing the same for all the companies leads to:
Company Amt. Owed % Owed
A 7770.00 12.05 %
B 4720.00 7.32 %
C 3080.00 4.78 %
D 3020.00 4.68 %
E 36930.00 57.26 %
F 5000.00 7.75 %
G 3970.00 6.16 %
These figures are rounded to two decimal places, but the total is
still 100%.
If we want to keep the percentages the same but change the total to
$60000, then we simply divide the percentage for Company X by 100,
then multiply that by $60000.
For example, Company A now owes:
12.05
------- * 60000 = $7230.00
100
So, doing the same for all companies leads to:
Company % Owed New Amount Owed
A 12.05 % $ 7230.00
B 7.32 % $ 4392.00
C 4.78 % $ 2868.00
D 4.68 % $ 2808.00
E 57.26 % $34356.00
F 7.75 % $ 4650.00
G 6.16 % $ 3696.00
-----------------------------------
$60000.00
I hope this helps you out!
websearcher-ga
Search Strategy:
None. But you could always try:
percentages tutorial
://www.google.ca/search?hl=en&ie=ISO-8859-1&q=percentages+tutorial&meta= |
ddelphi-ga
rated this answer:
and gave an additional tip of:
$2.50
Huh. I tried that exact thing, but kept getting the wrong answer. I mean, I *thought* that was the correct way to go about it, but my numbers kept coming up all wrong. Keep in mind that I was up all night last night with a sick three year-old, but still, I should have been able to do that simple math. Once again websearcher, you have provided the answer in a clear and elegant manner. Thank you very much. |
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| Subject:
Re: Another simple (?) math problem
From: websearcher-ga on 20 Mar 2003 08:54 PST |
Thanks for the lovely comment and the generous tip, ddelphi. We all get tired. Hope your little one is feeling better. websearcher-ga |
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