according to the annual summer vacation survey conducted by myvesta, a nonprofit consumer - education…

according to the annual summer vacation survey conducted by myvesta, a nonprofit consumer - education organization, the average summer vacation costs $2252. if $1950 of this amount is charged on a credit card, what percent of the vacation cost is charged? round to the nearest tenth of a percent.

according to the annual summer vacation survey conducted by myvesta, a nonprofit consumer - education organization, the average summer vacation costs $2252. if $1950 of this amount is charged on a credit card, what percent of the vacation cost is charged? round to the nearest tenth of a percent.

Answer

Explanation:

Step1: Set up percentage formula

Percent = $\frac{\text{Part}}{\text{Whole}}\times100%$ Here, the part is $1950$ and the whole is $2252$. So the formula becomes $\text{Percent}=\frac{1950}{2252}\times 100%$.

Step2: Calculate the fraction value

$\frac{1950}{2252}\approx0.866$.

Step3: Calculate the percentage

$0.866\times100% = 86.6%$.

Answer:

$86.6%$