Alexander is a stockbroker he earns 11% commission each week last week he sold $7,200 worth of stocks how much money did he make
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Answer:
The money Rachael plan to collect for the shelter is <u>$345</u>.
Step-by-step explanation:
<u><em>There are some data missing in the question, so below is the complete question:</em></u>
Rachel is collecting donations for the local animal shelter. So far she has collected $245, which is 70% of what she hopes to collect. How much money does Rachel plan to collect for the shelter?
Now, to find the money Rachael plan to collect for the shelter.
Let the total money Rachael plan to collect be
The amount far she has collected = $245.
Percentage of amount she hopes to collect = 70%.
Now, to get the total money Rachael plan to collect:
<em>Dividing both sides by 0.70 we get:</em>
Therefore, the money Rachael plan to collect for the shelter is $345.