Solve the following for the rate. Round to the nearest tenth of a percent when necessary.
What is the rate if the base is $3,450 and the portion is $110?
Do not enter the percent symbol in your answer.
***I'm having to ask these questions because my professor didn't explain very well...I apologize for lots of problems***
3 answers
r = 110/3450 = ___ expressed as a decimal.
I got r= 0.03188405
Correct. Expressed as a percentage: 3.2.