Solve the Problem. -If 100 Is Decreased to 95, the Decrease Is What

question 177

Multiple Choice

Solve the problem.
-If 100 is decreased to 95, the decrease is what percent of the original number?

• A) 5%
• B) 0.5%
• C) 0.0005%
• D) 0.05%

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Definitions:

Budgeted Selling Price

The price at which a company plans to sell its products or services, often used in budgeting and financial forecasting.

Direct Labor-Hours

A quantification of the total hours spent by employees working directly on the production of goods or services.

Total Cash Collected

The sum of all cash received by a company during a specified period, including sales, accounts receivable collections, and other cash receipts.

Collections

The process of recovering the amounts owed to a business by its debtors or the action of receiving payments.