Answer:
23.33%
Step-by-step explanation:
The computation of the percentage of days in a month for running out of cash is shown below:
Percentage of running out of Cash is
= (Relevant Occurrence of an event ÷ Total number of events) × 100%
where,
The Relevant occurrence of an event is 7 (105,94,101,98,94,96,92)
And, the total number of events is 30 i.e. 30 days
So, the percentage is
= 7 ÷ 30 × 100
= 23.33%
