Question

According to the annual Summer Vacation Survey conducted by Myvesta, a nonprofit consumer education organization, the average summer vacation costs $2252. If $1650 of this amount is charged on a credit card, what percent of the vacation cost is charged?

Answer 1

Answer:

The answer is : 73.3% (to 1 decimal place)

Step-by-step explanation:

The question is asking us to convert the proportion of a certain amount into percentage, and this is done as shown below:

vacation cost = $2252

amount charged = $1650

%of vacation cost that was charged = X%

∴ X% of 2252 = 1650

$\frac{X}{100}$ × 2252 = 1652

$\frac{2252X}{100} =1650$

2252X = 165000 (dividing both sides by 2252)

$\frac{2252X}{2252}=\frac{165000}{2252}$

∴ X = 165000 ÷ 2252

X = 73.3%