A corporation that had $115.19 billion in profits for the year paid out $230.10 million in employee benefits. Approximately what percent of the profits were the employee benefits? (Note: 1 billion = 109)
50%
20%
5%
2%
0.2%
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m=10^6 b=10^9. b=10^3m 230m/115b=2/10^3=2/1000=0.2%
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m=10^6 b=10^9.
b=10^3m
230m/115b=2/10^3=2/1000=0.2%