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A startup reported that its total operating budget was 1, 987, 450 dollars, and of that, 15, 050 dollars were allocated to marketing. Approximately what percent of the operating budget was allocated to marketing?

Explanation	Calculations	Help
$We first create variables for the two amounts and translate the statements.$	$M = 15050 B = 1987450$	Theory & Tactics Method Card TRANS1-A Click to view full details Theory & Tactics Method Card TRANS1-B Click to view full details
$We translate the question "what percent of the operating budget was allocated to marketing" into the formula for percentage.$	$\frac{M}{B} \times 100$	Theory & Tactics Method Card TRANS2-A Click to view full details
$We approximate the values to nice round numbers for simpler mental math.$	$\frac{M}{B} \approx \frac{15000}{2000000}$	Theory & Tactics Method Card CALC1-B Click to view full details
$We simplify the fraction step by step and convert it to a decimal.$	$\frac{15000}{2000000} = \frac{15}{2000} = \frac{3}{400} = 0.0075$
$We multiply by 100 to convert the fraction to a percent.$	$0.0075 \times 100 = 0.75 = 0.75%$
$We compare our result to the answer choices and find the closest match.$	$0.75% \approx 0.76%$

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C

A startup reported that its total operating budget was 1, 987, 450 dollars, and of that, 15, 050 dollars were allocated to marketing. Approximately what percent of the operating budget was allocated to marketing?

Explanation	Calculations	Help
$We first create variables for the two amounts and translate the statements.$	$M = 15050 B = 1987450$	Theory & Tactics Method Card TRANS1-A Click to view full details Theory & Tactics Method Card TRANS1-B Click to view full details
$We translate the question "what percent of the operating budget was allocated to marketing" into the formula for percentage.$	$\frac{M}{B} \times 100$	Theory & Tactics Method Card TRANS2-A Click to view full details
$We approximate the values to nice round numbers for simpler mental math.$	$\frac{M}{B} \approx \frac{15000}{2000000}$	Theory & Tactics Method Card CALC1-B Click to view full details
$We simplify the fraction step by step and convert it to a decimal.$	$\frac{15000}{2000000} = \frac{15}{2000} = \frac{3}{400} = 0.0075$
$We multiply by 100 to convert the fraction to a percent.$	$0.0075 \times 100 = 0.75 = 0.75%$
$We compare our result to the answer choices and find the closest match.$	$0.75% \approx 0.76%$

Scroll horizontally to view all columns

C