A corporation that had $2 billion in profits for the year paid out $100 million in employee benefits. Approximately what percent of the profits were the employee benefits? (Note: 1 billion = 10^9)  Choose one
A) 50%	B) 20%	C) 5%	D) 2%	E) 0.2%
required answer = [employee benefit/profit] *100   =[(100 million)/(2 billion)]*100   =[(100*10^6)/(2*10^9)]*100   =(50/1000)*100= 
<gadget id="calculator">(50/1000)*100</gadget>
<output>5</output>
5%   So answer is (5%)
<result>C</result>
A corporation that had $2 billion in profits for the year paid out $100 million in employee benefits. Approximately what percent of the profits were the employee benefits? (Note: 1 billion = 10^9)