All categories

3 years ago

If 12% = 1000, what is the remaining 88% worth?

1 answer:

3 0

Note: I am not 100% sure that this is the correct way to solve this problem. It is just my best attempt to help.

Keep in mind that every percentage can be made into a decimal. 12% = 0.12 because 12% is also 12/100 as a fraction.

Since a percentage is the original number multiplied by the percent, you can solve this problem by dividing the number given by the percent. Be sure to turn the percent into a decimal to make it easier. Your work should look like this:

12% = 0.12

1,000 / 0.12 = 8,333.33

That is the first step. How you have to finish the problem and find what 88% is. To do this, you can simply multiply 88%, or 0.88, times the answer you get in the first part. Your work should look like this:

88% = 0.88
0.88 * 8,333.33 = 7,333.33

Now to check your work, you can add 7,333.33 and 1,000 to see if it equal the total of 8,333.33

7,333.33 + 1,000 = 8,333.3

Since it is equal, this is your answer.

You might be interested in

What equation represents the line that passes through the points(6,-3) and (-4,-9)?

marysya [2.9K]

M = - 3 + 9 / 6 + 4
m = 6 / 10
m = 3/5

- 3 = 3/5 ( 6 ) + c
- 15 = 18 + 5c
5c = - 33
c = - 33/5
y = 3/5x - 33/5

8 0

3 years ago

Henry can write 5 1/4 of his novel in 3 hours. how many pages can he write in eight hours

PilotLPTM [1.2K]

Henry would be able to write 14 pages of a novel in 8 hours.
5 1/4(or 5.25)/3=1 3/4 (or 1.75)
1 3/4 x 8 =14
Hope This Helps!
~Cupcake

5 0

3 years ago

A company has 10 trucks. A truck has 15 pallets. A pallet has 7 boxes. A box has 50 containers. A container has 3 plastic bags.

Oliga [24]

Step-by-step explanation:

5160 In two trucks they have a 50 specimen , 10 , 20

6 0

2 years ago

1. (2k2+7k4+3) + (2k2-6+6k4)

stellarik [79]

Hope this will help u....:)

✌✌✌✌✌✌

4 0

3 years ago

Read 2 more answers

Vanessa deposits $24,000 into each of two savings accounts. Account I earns 2. 4% interest compounded annually. Account II earns

ikadub [295]

The sum of the balances of these accounts at the end of 5 years is given by: Option B: $53,901.59 (approx)

<h3>How to calculate compound interest's amount?</h3>

If the initial amount (also called as principal amount) is P, and the interest rate is R% per unit time, and it is left for T unit of time for that compound interest, then the interest amount earned is given by:

$CI = P(1 +\dfrac{R}{100})^T - P$

The final amount becomes:

$A = CI + P\\A = P(1 +\dfrac{R}{100})^T$

<h3>How to calculate simple interest amount?</h3>

If the initial amount (also called as principal amount) is P, and the interest rate is R% annually, and it is left for T years for that simple interest, then the interest amount earned is given by:

$I = \dfrac{P \times R \times T}{100}$

For the considered case, we're given that:

Initial amount in both accounts deposited = $24,000 = P
Type of interest: Compound interest in first account and simple interest in second account
Unit of time: Annually
Rate of interest = 2.4% annually = R
Total unit of time for which amount is to be calculated: 5 years = T

In first account, the final amount at the end of 5 years is evaluated as:

$A = 24000(1 + \dfrac{2.4}{100})^4 = 24000(1.024)^4 \approx 27021.59\: \rm (in \: dollars)$

In second account, the final amount at the end of 5 years is evaluated as:

$A = 24000 + \dfrac{24000 \times 2.4 \times 5}{100} = 24000 + 2880 = 26880 \text{\: (in dollars)}$

Total amount after 5 years in these accounts = $27021.59 + 26880 = 53901.59$ (in dollars)

Thus, the sum of the balances of these accounts at the end of 5 years is given by: Option B: $53,901.59 (approx)

Learn more about compound interest here:

brainly.com/question/11897800

4 0

2 years ago