Question

Calculate 7 and one fourth% of $1,540

Answer 1

To calculate $7\dfrac{1}{4}\%$ from $1,540 you have to consider proportion:

$1,540 - 100%

$x - $7\dfrac{1}{4}\%$

Mathematically,

$\dfrac{\ 1,540}{\ x}=\dfrac{100}{7\frac{1}{4}},\\ \\\ x=\dfrac{\ 1,540\cdot 7\frac{1}{4}}{100}=\dfrac{\ 11,165}{100}=\ 111.65.$

Answer: $111.65