Question

How do I answer this ttpe of question?

Answer 1

You would want to use this helpful formula:
`(is)/(of)` =
`(percent)/(100)`

The $69.50 would be the of and the 45% would be the percent. Plugging in gives you,

`(x)/(69.50)` =
`(45)/(100)`

You then cross multiply giving you,

3127.5 = 100x

You then divide both sides by 100 giving you,

31.275 = 100

Since it is money you would round to the hundredths place giving you the final answer of,

B. $31.28