fraction decimal percent\n0.4\n50%\n0.6\n0.625\n2/3\n7/10\n75\n80\ncircle the correct answer:\n1. a…

fraction decimal percent\n0.4\n50%\n0.6\n0.625\n2/3\n7/10\n75\n80\ncircle the correct answer:\n1. a partnership is:\na: money used to start or enlarge a business. b: a business organization owned by two or more people. c: people who own stock in the business.\n2. inflation is: a: a continuous rise in the price of goods and services. b: the ability to buy, sell or trade stocks c: money used to start or enlarge a business.\n3. personal liability is: a: ownership of a company without any partners. b: a business owned by one person. c: a business owner who is personally responsible for the debts of the business whether or not there is a profit.

fraction decimal percent\n0.4\n50%\n0.6\n0.625\n2/3\n7/10\n75\n80\ncircle the correct answer:\n1. a partnership is:\na: money used to start or enlarge a business. b: a business organization owned by two or more people. c: people who own stock in the business.\n2. inflation is: a: a continuous rise in the price of goods and services. b: the ability to buy, sell or trade stocks c: money used to start or enlarge a business.\n3. personal liability is: a: ownership of a company without any partners. b: a business owned by one person. c: a business owner who is personally responsible for the debts of the business whether or not there is a profit.

Answer

Explanation:

Step1: Convert fractions to decimals and percents and vice - versa

  1. For the decimal 0.4:
    • Fraction: $0.4=\frac{4}{10}=\frac{2}{5}$
    • Percent: $0.4\times100 = 40%$
  2. For 50%:
    • Decimal: $50\div100 = 0.5$
    • Fraction: $\frac{50}{100}=\frac{1}{2}$
  3. For the decimal 0.6:
    • Fraction: $0.6=\frac{6}{10}=\frac{3}{5}$
    • Percent: $0.6\times100 = 60%$
  4. For the decimal 0.625:
    • Fraction: $0.625=\frac{625}{1000}=\frac{5}{8}$
    • Percent: $0.625\times100 = 62.5%$
  5. For the fraction $\frac{2}{3}$:
    • Decimal: $2\div3\approx0.667$
    • Percent: $\frac{2}{3}\times100\approx66.7%$
  6. For the fraction $\frac{7}{10}$:
    • Decimal: $\frac{7}{10}=0.7$
    • Percent: $0.7\times100 = 70%$
  7. For 75 (assuming it's a percent):
    • Decimal: $75\div100 = 0.75$
    • Fraction: $\frac{75}{100}=\frac{3}{4}$
  8. For 80 (assuming it's a percent):
    • Decimal: $80\div100 = 0.8$
    • Fraction: $\frac{80}{100}=\frac{4}{5}$

Step2: Answer multiple - choice questions

  1. A partnership is a business organization owned by two or more people. So the answer is B.
  2. Inflation is a continuous rise in the price of goods and services. So the answer is A.
  3. Personal liability is a business owner who is personally responsible for the debts of the business whether or not there is a profit. So the answer is C.

Answer:

Fraction Decimal Percent
$\frac{2}{5}$ 0.4 40%
$\frac{1}{2}$ 0.5 50%
$\frac{3}{5}$ 0.6 60%
$\frac{5}{8}$ 0.625 62.5%
$\frac{2}{3}$ 0.667 66.7%
$\frac{7}{10}$ 0.7 70%
$\frac{3}{4}$ 0.75 75%
$\frac{4}{5}$ 0.8 80%
  1. B. A business organization owned by two or more people.
  2. A. A continuous rise in the price of goods and services.
  3. C. A business owner who is personally responsible for the debts of the business whether or not there is a profit.