Solve for the Rate, Rounding to Tenths If Necessary

question 89

Short Answer

Solve for the rate, rounding to tenths if necessary. What is the rate if the base is 123,200 and the portion is 618,545?

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Definitions:

Income

Money received on a regular basis from work, property, business, or investments.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price within a specified period.

Alcohol

A chemical compound that is a widely used depressant in beverages; can be intoxicating if consumed in sufficient quantities.

Levy

An imposed tax, charge, or fine on an individual or a company by a government or authoritative body.