Traditional Culture Encyclopedia - Traditional stories - On a turnover of $8.17 million, energy costs of $650,000 are what percent of turnover? How to calculate

On a turnover of $8.17 million, energy costs of $650,000 are what percent of turnover? How to calculate

Solution: The turnover is 8.17 million and the energy cost is 650,000 dollars.

Then, the energy costs as a percentage of turnover

65 ÷ 817 × 100%

≈ 8%

Answer: Energy costs account for about eight percent of turnover.