Question

A collector offers to buy state quarters for $2000\%$ of their face value, which is 25 cents. At that rate how many dollars will Bryden get for his four state quarters?

Answer 1

Bryden will get a total of $20 for this four quarters

Explanation:

Here, we have a collector offering to buy state quarters for 2,000% of their face value.

Now, we have 4 state quarters with the value of 1 being 25 cents.

Since 1 has a value of 25 cents, then four will have a face value of 25 cents * 4 = 100 cents or better still $1

Now, the offer is 2000%

So the amount to be paid in dollars will be 2000% of $1.

Mathematically, that would be;

2000/100 * 1 = 2000/100 = $20