# Thread: what percent of the lease/maintenance would the new lease amounts be?

1. ## what percent of the lease/maintenance would the new lease amounts be?

Need help here.........

company expenses =$500,000 Lease/maintenance portion is 25% The lease for Company 2 makes up 18% of the lease/maintenance portion of the expenses. Next year the taxes on lease are due to increase by$200 for every $2500 of the lease amount. If all other lease/maintenance costs remain the same, what percent of the lease/maintenance would the new lease amounts be? And if you dont mind explain to me how you got your answer.....thank you 2. Company 2 has expenses of$500,000 as well?

3. yes..........ty

4. O.k. this should be pretty easy then.

Start by working out 18% of $500,000. What do you get? 5. ## answer 90,000 6. Great work, so what is the additional tax if you took$200 for every $2500 of this$90000?

7. $7200 8. So now to finish him off, ($90000+$7200)/500000 as a percentage is? 9. 19.4%......but where I ran into the issue was trying to figure within the 25%.....My thought was I had to figure within the 25% somehow..I cannot wrap my mind around this for some reason....... so we figured the original amount 18% in dollars and then added the new and then just figured what % that would be out of the total for the year... So the % of expenditures will change for the year as well to 27%...Is that correct? so the lease portion would be 19.4 of 27% next year.....correct? i think i am getting it............you have been a tremendous help!!! #### Search tags for this page ##### the lease for company 2 , ##### if company 2 lease/maintenance , # the lease for Company 2 makes up 18% of the Lease/Maintenance portion of the expenses. Next year, the taxes on the lease are due to increase$200 per every $2500 of the lease amount. If all other Lease/Maintenance costs remained the same, what percent of , # the lease for Company 2 makes up 18% of the Lease/Maintenance portion of the expenses. Next year, the taxes on the lease are due to increase$200 per every \$2500 of the lease amount. If all other Lease/Maintenance costs remain the same, what percent of Le

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