Question

The Neveau corporation spent $8,937,250 on research last year. It spend 30 percent on consumer research, 25 percent on pure research, and the remainder on applied research. The company's annual sales for last year were $297,550,000.

a) what percentage of sales did the company spend on research?
b) how much did the company spend on each of thr three types of research?

Answer 1

@Hero

Answer 2

@phi

Answer 3

when you get a chance, this might help
http://www.khanacademy.org/math/arithmetic/percents/v/describing-the-meaning-of-percent

but to answer (a)
the first step is find a ratio something divided by something
here they want research over sales
do the division to get a decimal number. multiply by 100 to change the decimal to a percent

can you do that?