Question

When an elderly man passed away, he had left each of his 4 children 25% of his estate If he had $72,000, how much did each child receive

Answer 1

Dividing $72,000 by 4, each child received $18,000

Answer 2

To calculate the percent of a number, we must turn the percent into its decimal form and multiply the number by it. To turn a number into a percent, you can simply move the decimal 2 places to the right. That means that 25% is equal to .25. Now, as stated, we multiply 72,000 by it. That shows that each child will get $18,000.00.