Question

your company contributes to your retirement fund based on a percentage of your income. your see that the company has contributed $150. to your retirement fund this month. what percentage of your $3,800 salary did your company contribute?​

Answer 1

3.94% Rounded to 4%

Explanation:

Here is a formula that will solve percent problems.

% = part (is)

100 whole (of)

? = 150 What you are looking for the 150 is part of the $3800

100 3800 percents are out of 100 $3800 is the total salary.

100 * 150 ÷ 3800 = 3.94% Rounded to 4%