Question

The practice has made $73,426 to date. A total of $18,356.50 of this amount has not been collected for more than 90 days. What % of the total amount made (production) is over 90 days and not collected yet?

a)5

b)25

c)75

D)not possible to commute

Answer 1

According to given information

The production value in the month is $73426

And unable to collected value more than 90 days is $18356.5

Now we need to find the not collected value percentage on the total production value

Required percentage = [not collected value / total production ] x 100

Required percentage = [18356.5 / 73426] x 100

Required percentage = [0.25] x 100

Required percentage = 25%

So 25% of production in the month has not collected for more than 90 days