Question

A student is raising money for a local food pantry. A local business agrees to donate an additional 20% of what the student raises, while the principal of the student's school also agrees to match 5% of what the student raises. If the student raises $240.00, how much money will the food pantry receive?

Answer 1

It will receive the original $240.00 and then an addition 25% of that, so it gets

$240.00 + $60.00 = $300.00

Answer 2

The total money received by the food pantry is
`300\\` $

Explanation:

Donation by local business

`(20)/(100) * 240\\= 48\\`

Donation by the principal of the student's school

`(5)/(100) * 240\\= 12\\`

The total money received by the food pantry is

`240 + 48 + 12\\= 300\\` $