38 % of amount is spent on broadcast TV advertising
Solution:
Given that,
Amount spend on broadcast TV ad = $ 22, 000
Amount spend on cable TV ad = $ 30, 000
Amount spend on radio ad = $ 6000
To find: percentage of broadcast TV advertising
Total amount = $ 22, 000 + $ 30, 000 + $ 6000
Total amount = $ 58000
percentage of broadcast TV advertising = [tex]\frac{\text{ amount spend on broadcast tv}}{\text{ total amount}} \times 100[/tex]
[tex]\rightarrow \frac{22000}{58000} \times 100\\\\\rightarrow 0.3793 \times 100 = 37.93 \approx 38[/tex]
Thus 38 % of amount is spent on broadcast TV advertising
