three of every seven sales transaction are on credit cards, what percent of the transactions are not on credit cards
4/7 = 57%
To find the percentage of transactions that are not on credit cards, we first need to determine the percentage of transactions that are on credit cards.
The fraction of transactions on credit cards is 3/7. To convert this fraction to a percentage, we can multiply it by 100:
(3/7) × 100 = 42.857...
Therefore, approximately 42.86% of the transactions are on credit cards.
To find the percentage of transactions that are not on credit cards, we subtract this percentage from 100:
100% - 42.86% = 57.14%
Therefore, approximately 57.14% of the transactions are not on credit cards.
To find the percentage of transactions that are not on credit cards, we first need to determine the number of transactions that are on credit cards.
Given that three out of every seven sales transactions are on credit cards, we can calculate this by dividing the total number of sales transactions by seven and then multiplying it by three.
Let's assume the total number of sales transactions is represented by 'x':
Number of sales transactions on credit cards = (3/7) * x
To find the percentage of transactions that are not on credit cards, we subtract the number of transactions on credit cards from the total number of transactions, and then divide it by the total number of transactions.
Percentage of transactions not on credit cards = [(x - (3/7) * x) / x] * 100
Simplifying the equation further:
Percentage of transactions not on credit cards = [(7x - 3x) / (7x)] * 100
Percentage of transactions not on credit cards = (4x / 7x) * 100
Percentage of transactions not on credit cards = (4/7) * 100
So, 57.14% (rounded to two decimal places) of the transactions are not on credit cards.