Question

Petter and his friends have won the Lotto. Petter receives SEK 18,600, which is 30% of the profit.

a) How much is 1% of the profit?
b) What percentage corresponds to the entire profit?
c) How big was the whole profit?

Answer 1

To find 1% of the profit, divide the total profit by 30. The entire profit can be calculated using the percentage. The whole profit is found by dividing Petter's share by the percentage it represents.

Step-by-step explanation:

To find 1% of the profit, we need to divide the total profit by 30 (since 30% is equivalent to 1/30). So, 1% of the profit is SEK 18,600 divided by 30, which is SEK 620.

To find the entire profit, we can calculate the total using the percentage. Since Petter received 30% of the profit, we can set up the equation: 30% of the profit = SEK 18,600. Dividing both sides by 30%, we find that the entire profit is SEK 18,600 divided by 0.30, which is SEK 62,000.

To calculate the whole profit, we divide Petter's share (SEK 18,600) by the percentage it represents (30%). So, the whole profit is SEK 18,600 divided by 0.30, which is SEK 62,000.