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Your utility expense grew from $233 to $267. In the same period, your staffing expense grew from $1,266 to $1,411. Which expense had the higher percentage growth rate?
a) Utilities
b) Staffing
c) Growth rate was the same
d) Can't tell from the data

Respuesta :

JannetPalos

Increase in utilities = 267 - 233 = 34

For $233, increase = $34

For $100, increase = [tex]\frac{34}{233} (100)[/tex]

= 14.59%

Increase in staffing expense = 1411 - 1266 = 145

For $1266, increase = $145

For $100, increase = [tex]\frac{145}{1266} (100)[/tex]

=11.45%

Hence, utilities had the higher percentage growth rate.

Answer:

a. utilities

Step-by-step explanation:

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