Question

Ed spent 8.5% of his savings on lunch, which cost $5.25. How much did he have in his savings before lunch?

Answer 1

62.94117

Explanation:

100/100 ×8.5×saving=100×5.25

But 100/100=1

8.5×savings=535.00= 62.94117

Answer 2

Lunch cost =$5.25

percentage spent =8.5%

1%of saving =$0.617

total amount =100×0.617

=$61.76