Question $5$

$1$ pts

A manager decides not to lend to any firm in sectors that generate losses in excess of $5$ percent of capital.

$(2)$ If the average historical losses in the mining sector total $15$ percent, what is the maximum loan a manager can lend to firms in this sector as a percentage of total capital?

Convert your answer to percentage format. Enter your answer rounded to $2$ decimals, and without any units. So$,$ for example, if your answer is $3\mathrm{.}4568\%,$ then just enter $3\mathrm{.}46.$