Question

A local business donated 5% of profits from their weekend sale to charity. If the weekend profit was $4,372, then how much money did the business donate to charity?

Answer 1

The local business donated $218.60 to charity, which is 5% of their $4,372 weekend profit. The calculation is done by multiplying 0.05 by $4,372.

Step-by-step explanation:

To calculate the amount donated to charity, you need to find 5% of the weekend profit ($4,372). You do this by converting the percentage to a decimal and then multiplying it by the profit amount:

• Convert 5% to decimal: 5% = 0.05.
• Multiply the decimal by the total profit: 0.05 × $4,372.

Let's carry out the calculation:

1. 0.05 × $4,372 = $218.60.

Thus, the local business donated $218.60 to charity.