178k views
5 votes
If 12 1/2% of a sum of money is $60 what is the total sum of money?

1 Answer

3 votes

Answer: $480

Explanation:


12 (1)/(2) \% expressed as a decimal is 0.125.

Let the total sum of money be
x. Then,
0.125x=60 \implies x=480.

User Vitor Silva
by
4.7k points