Question: A company gives an award of $1000 to each of its top 10 employees. If the company has 50 employees, what percentage of employees receive an award?
Options:
10%
20%
15%
25%
Correct Answer: 10%
Solution:
Percentage = (10 / 50) * 100 = 20%.
A company gives an award of $1000 to each of its top 10 employees. If the compan
Practice Questions
Q1
A company gives an award of $1000 to each of its top 10 employees. If the company has 50 employees, what percentage of employees receive an award?
10%
20%
15%
25%
Questions & Step-by-Step Solutions
A company gives an award of $1000 to each of its top 10 employees. If the company has 50 employees, what percentage of employees receive an award?
Step 1: Identify the total number of employees in the company. In this case, there are 50 employees.
Step 2: Identify how many employees receive an award. Here, 10 employees receive an award.
Step 3: To find the percentage of employees who receive an award, use the formula: (Number of employees receiving an award / Total number of employees) * 100.
Step 4: Plug in the numbers: (10 / 50) * 100.
Step 5: Calculate the fraction: 10 divided by 50 equals 0.2.
Step 6: Multiply 0.2 by 100 to convert it to a percentage: 0.2 * 100 equals 20.
Step 7: Therefore, 20% of the employees receive an award.
Percentage Calculation – Understanding how to calculate the percentage of a subset relative to a total.
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