Solve the Problem. -Humanities Majors Spend an Average of $105 Per Course on Per

question 38

Multiple Choice

Solve the problem.
-Humanities majors spend an average of $105 per course on books. Mathematics majors spend an average of $75 Per course on books. What is the percent difference between the two amounts relative to the amount for mathematics majors (round to the nearest percent) ?

• A)29%
• B)-40%
• C)-29%
• D)40%

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Definitions:

Worksheet

A paper or electronic tool used by accountants to gather information for adjusting entries and preparing financial statements.

Trial Balance

A list of accounts and their balances at a given time.

Terms 2/10 N/30

Terms 2/10 N/30 is a commercial credit term indicating that a buyer can deduct 2% of the invoice amount if payment is made within 10 days; otherwise, the full invoice amount is due in 30 days.

Invoice Paid

A financial transaction where an invoice has been settled or fulfilled, indicating that the billed goods or services have been paid for by the recipient.