Question

Fifty-five and one-half percent of the shareholders in a fast food chain are under the age of 40 if the corporation is owned by 86,000 investors how many of the shareholders are 40 and over

Answer 1

38,270

Explanation:

1. find the % of investors over age 40: 100-55.5% = 44.5%

2. multipliy the total number of investors by the % over age 40:

86,000 X 44.5% = 38,270