Question

) A philanthropist pledges to donate 12% of

a fund each year. If the fund initially has
$681,000.00, how much will the fund
have after 9 years?

Answer 1

answer 7344012

percent *612000 =

(12:100)*612000 =

(12*612000):100 =

7344000:100 = 73440

Now we have: 12 percent of 612000 = 73440

Question: What is 12 percent of 612000?

Percentage solution with steps:

Step 1: Our output value is 612000.

Step 2: We represent the unknown value with $x$.

Step 3: From step 1 above,$612000=100\%$.

Step 4: Similarly, $x=12\%$.

Step 5: This results in a pair of simple equations:

$612000=100\%(1)$.

$x=12\%(2)$.

Step 6: By dividing equation 1 by equation 2 and noting that both the RHS (right hand side) of both

equations have the same unit (%); we have

$\frac{612000}{x}=\frac{100\%}{12\%}$

Step 7: Again, the reciprocal of both sides gives

$\frac{x}{612000}=\frac{12}{100}$

$\Rightarrow x=73440$

Therefore, $12\%$ of $612000$ is $73440$