The ratio is 6 to 1
You are receiving 12 dollars per $100 in sales, or a 12% commission.
The LCM of 12 and 72 is 72
The Least Common Multiple (LCM) for 72 12 is 72.
12 is what percent of 72= 12 / 72= 0.166667Converting decimal to a percentage: 0.166667 * 100 = 16.67%
72/8 = 9
1/6 of 72 =12 Thus, 1 sixth of 72 is 12.
The 'Rule of 72' is a simple formula used to estimate the time it takes for an investment to double in value based on a fixed annual rate of return. By dividing 72 by the annual interest rate (expressed as a percentage), investors can quickly gauge the approximate number of years required for their investment to grow twofold. For example, if the rate of return is 6%, it would take about 12 years for the investment to double (72 ÷ 6 = 12). This rule provides a quick mental calculation for evaluating investment growth.
72 / 6 = 12 Therefore 12 * 6 = 72
72 + 12 = 84
60
72 in 12 = 6
72. 72 = 6*12 so 72/6 = 12