A car manufacturer sold 500 mini vans at $10000 each, 200 hatchbacks at $8000 each, and 220 sports utility vehicles at $18000 each. what percentage of the company's revenue is from the sale of sports utility vehicles?
Choose the correct choice from the following answers:
A) 27.5%
B) 50.4%
C) 37.5%
D) 29.7%
E) 39.5%
37.5%orrect Answer: 37.5%   The company's total revenue from mini vans=500* $10000=$5 000 000   The company's total revenue from hatchbacks=200*$8000=$1 600 000   The company's total revenue from sports utility vehicles=220*$18000=$3 960 000   The combined total of all sales=$10560000   Therefore % of sports utility vehicles sales=3 960 000/10560000*100= 37.5%
<result>C</result>
A car manufacturer sold 500 mini vans at $10000 each, 200 hatchbacks at $8000 each, and 220 sports utility vehicles at $18000 each. what percentage of the company's revenue is from the sale of sports utility vehicles?