Answer:
$12.10
Explanation:
First, you have to set up a proportion to find what 20% of $60.50, or 60.5, is. On one side of the proportion you have 20/100 to represent the percent, anytime you have a percent it will always go over 100. On the other side you'll have x/60.5 because you are trying to find a value out of 60.5. This gives you the proportion 20/100=x/60.5. In order to solve this you have to cross multiply using the equation 20(60.5)=100x. First, you multiply to get 1210=100x, then divide both sides by 100 to get 12.1=x. In order for this to represent money, we add a zero on the end. This means that 20% of $60.50 is $12.10, so $12.10 is the tip.