20 POINTS. Suppose a lawyer charges a retainer (upfront cost) of $850 and an hourly rate of $215 per billable hour. Explain whet
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Answer: 18
Step-by-step explanation: Well <u><em>percent</em></u> means <em>over 100</em> so we can set up an equation for this problem by reading it from left to right.
<em>What</em> means <em>x</em>, <em>is</em> means <em>equals</em>, <em>30%</em> is <em>30/100</em>, <em>of</em> means <em>times</em> <em>250</em>.
Simplifying on the right side of the equation,
notice that 30/100 reduces to 3/10.
So we have x = 3/10 · 60. Think of the 60 as 60/1 so we can cross-cancel the 60 and 10 to 6 and 1 and we have x = or <em>x = 18</em>.
Now let's check our answer back in the original problem to see if it makes sense. We have <em>18 is 30% of 60</em>.
Well we know that 100% of 60 would be 60 so 30% of 60 should be alot less than 60 so 18 seems to make sense as a pretty good answer.
