A bakery with a monthly advertising budget of $3800 decides to set up a media budget. They plan to spend 28% for coupon books, 34% for newspaper, 18% for outdoor signs, 17% for radio, and the remainder for team sponsorship. How much do they plan to spend on team sponsorship for the entire year?
28% + 34% + 18%+17% = 97% 100% - 97% = 3% $3800 * 0.03 = $114 ( for one month ) For the entire year: $114 * 12 = $1,368 Answer: They plan to spend $1,368 on team sponsorship for the entire year.
