asked 53.6k views
1 vote
The insurance company pays the full cost of 3,900 prescriptions claims out of 4,500 prescriptions claims submitted. What is the rate of the claims paid expressed as a percent? (Show your work)

2 Answers

2 votes

To find the rate of the claims paid, simply divide (where x is the rate of the claims paid) :


x =(3900)/(4500) =0.8666

Since you need it in a percent form, move the decimal two times to the right and add a percent sign (your answer is):

86.67%. Hope I could help!

answered
User JosephGarrone
by
7.7k points
5 votes

Answer:

86.67%.

Explanation:

We have been given that the insurance company pays the full cost of 3,900 prescriptions claims out of 4,500 prescriptions claims submitted.

To solve our given problem, we need to find 3,900 is what percent of 4,500.


\text{Percent of the claims paid}=(3,900)/(4,500)* 100


\text{Percent of the claims paid}=0.8666666* 100


\text{Percent of the claims paid}=86.66666\%


\text{Percent of the claims paid}=86.67\%

Therefore, the rate of the claims paid expressed as a percent would be 86.67%.

answered
User Kossmoboleat
by
8.1k points
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