Question

Liam wants to buy a bicycle that costs $290.00. His parents say Liam must raise 40% of the money himself. How much money must Liam raise?

Answer 1

40/100 * $290.00 is $116.00

Answer 2

Answer:

Liam must raise $116 .

Step-by-step explanation:

Formula

$Percentage = \frac{Part\ value\times 100}{Total\ value}$

As given

Liam wants to buy a bicycle that costs $290.00.

His parents say Liam must raise 40% of the money himself.

Percentage = 40%

Total value = $290

Putting in the formula

$40 = \frac{Part\ value\times 100}{290}$

$Part\ value = \frac{40\times 290}{100}$

$Part\ value = \frac{11600}{100}$

Part value = $116

Therefore the Liam must raise $116 .