Question

James wants to buy a video game system that costs $310.00. His parents say James must raise 45% of the money himself. How much money must James raise?

Answer 1

James must raise $139.50.

Explanation:

To state this problem another way, James must raise 45% of $310.00.

Therefore we must find the amount that is 45% of $310.00.

Let's call this amount `j`.

"Percent" or "%" means "out of 100" or "per 100", Therefore 45% can be written as `45/100`.

When dealing with percents the word "of" means "times" or "to multiply".

Putting this altogether we can write this equation and solve for `j` while keeping the equation balanced:

`j = 45/100 xx $310.00`

`j = ($13950.00)/100`

`j = $139.50`