Final answer:
To find how much the carnival will raise on Saturday, multiply Friday's amount ($300) by 4.80, resulting in $1,440. Therefore, the true statements are that the amount raised will be greater than $300 and that the carnival will raise $1,440 on Saturday.
Step-by-step explanation:
To calculate the amount of money the carnival at Westville Elementary School will raise on Saturday, you need to multiply the amount raised on Friday by 480 percent. This means you are calculating 480 percent of $300. To do this, convert the percentage to a decimal by dividing by 100, leading to 4.80. Then, multiply the Friday amount by this decimal:
Amount on Saturday = $300 × 4.80 = $1,440.
Based on this calculation, the following statements can be evaluated as true or false:
- The answer will be less than $300 because 100 is less than 480. False, because raising a number by a percentage over 100 will result in a number larger than the original.
- The answer will be greater than $300 because 480 is greater than 100. True, the percentage increase is well over 100%, so the resultant figure will be greater than the original $300.
- (100)(3) = 300, so 480(3) is the amount of money that the carnival will raise on Saturday. False, because this implies a mathematical misunderstanding of how percentages work.
- 480 + 300 is the amount of money that the carnival raised on Saturday. False, because you need to multiply, not add, to find 480% of $300.
- The carnival raised $780 on Saturday. False, as $780 does not represent 480% of $300.
- The carnival raised $1,440 on Saturday. True, as shown by the calculation above.