Final answer:
To find the percentage of $50 that is equal to $20, we can set up and solve a proportion.
Step-by-step explanation:
To find the percentage, we can set up a proportion using the given information. Let x represent the unknown percentage. So, we have: x% of $50 = $20. We can rewrite this as: x/100 * $50 = $20. To solve for x, we can divide both sides of the equation by $50 and then multiply by 100. This gives us x = (20/50) * 100 = 40%. Therefore, 40% of $50 is equal to $20.
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