The amount spent on promotion by the store on monthly sales of $86,600, when they are spending 14 percent on promotion is $12,124.
The percent signifies the hundredth part of the whole.
When informed that the promotion is 14 percent of the monthly sales of $86,600.
Therefore, to calculate the total amount spent on promotion, we calculate 14 percent of 86600.
Therefore, the total amount on promotion = 14% of $86,600 = $ (14/100 * 86,000) = $ (14*866) = $12,124.
Therefore, the amount spent on promotion by the store on monthly sales of $86,600, when they are spending 14 percent on promotion is $12,124.
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