I have $225.00 in my account. I can spend al but 20% of that on some new equipment. What is the most that I can afford to spend with your company?

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Ayallaric8861 Ayallaric8861

02-07-2018
Mathematics

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I have $225.00 in my account. I can spend al but 20% of that on some new equipment. What is the most that I can afford to spend with your company?

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jimthompson5910 jimthompson5910 · Answer 1 · 2018-07-02T23:42:05-04:00

jimthompson5910 jimthompson5910

02-07-2018

You can "spend all but 20%" so that means you can spend up to 80% of your money (since 20%+80% = 100%). Apply 80% to the value 225

80% of 225 = (80/100)*225 = 0.80*225 = 180

The most you can afford to spend is $180

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