If the Revenue for the week is $2000, and labor cost consists of two workers earning $8 per hour who work 40 hours each, what is labor cost as a percentage of Revenue?

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asked Jan 26, 2017 229k views

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Akash Deep · Answer 1 · 2017-01-31T13:28:13+0000

2 workers 8 dollars per hour and 40 hours
mutiply
2*8*40=640 dollars

now costlabor/revenue (try to get to percent which is parts out of 100 so x%=x/100)
640/2000
64/200
32/100=32%

answer is 32%

If the Revenue for the week is $2000, and labor cost consists of two workers earning $8 per hour who work 40 hours each, what is labor cost as a percentage of Revenue?

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