Question

A project on Kickstarter for an iPad stylus raised 1,372% of their goal, raising a total of $318,544 from 7,529 supporters. What was their original goal?

Answer 1

The original goal of the Kickstarter project was $23,217.49.

Here's the calculation:

Original goal = $318,544 / (1372% / 100)

= $318,544 / 1.372

= $23,217.49

The project was able to raise more than 13 times its original goal, which is a great success. It shows that there is a high demand for the product and that the project team was able to effectively market it to potential backers.