Playtime Corporation
Assume that Playtime Corp.has agreed to construct a new playground for Surrey County for $2,450,000.Construction of the new playground will begin on March 17,2012 and is expected to be completed in August 2013.At the signing of the contract Playtime Corp.estimates that it will cost $1,750,000 to build the playground.
-At the end of 2012 Playtime provided the following information about the project: What percentage is the playground complete?
A) 62.5%
B) 66.7%
C) 55.6%
D) 50.0%

Question

Playtime Corporation
Assume that Playtime Corp.has agreed to construct a new playground for Surrey County for $2,450,000.Construction of the new playground will begin on March 17,2012 and is expected to be completed in August 2013.At the signing of the contract Playtime Corp.estimates that it will cost $1,750,000 to build the playground.
-At the end of 2012 Playtime provided the following information about the project:  What percentage is the playground complete?
A) 62.5% 
B) 66.7% 
C) 55.6% 
D) 50.0%

Quizplus · Accepted Answer

1,200,000/1,800,000=66.7%

Playtime Corporation Assume That Playtime Corp.has Agreed to Construct a New Playground