The amount of money Nancy has is $12.5.
Given that, Steve has $5. Nancy has 250% as much money as Steve.
We need to find out how much money Nancy has.
The percentage is defined as a given part or amount in every hundred. It is a fraction with 100 as the denominator and is represented by the symbol "%".
Let the amount of money Nancy has to be x.
Now, x=250% of 5
=250/100 × 5
=2.5 × 5
=12.5
Therefore, the amount of money Nancy has is $12.5.
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