Question

Mr. Hollis determines that he gives away $800 each month. If he gives away 16% of his budget how much is his overall budget?

Answer 1

Answer:

The overall budget of Mr. Hollis is $5,000.

Step-by-step explanation:

Le the total overall budget of Mr. Hollis   = k

The amount he gives away each month = $800

Also, given that  $ 800 is 16 % of the overall budget.

⇒ 16%  of k  = $800

or, $\frac{16}{100} \times k = 800$$\implies k = \frac{800 \times 100}{16} = 5,000$

⇒ k = $5,000

or, 16% of the amount $5000    is $800.

Hence, the overall budget of Mr. Hollis is $5,000.