Q: Lucille has to divide the revenue from her business in the ratio of 4:11 for employee salaries and stock purchases, respectively. If she has $3000 as her revenue, calculate the total amount of money she spends on employee salary?
A: 800
Explain how we arrive at this answer:
Explanation: The total ratio representing the revenue Lucille has is 4 + 11 = 15. The value from the ratio representing employee salary is 4 / 15, and this is 4 / 15 * $3000 = $800 that Lucille has to pay her employees.