/*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none} Problem 43 Solve. $$\$ 2496$$ is \(24 \%\... [FREE SOLUTION] | 91Ó°ÊÓ

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Solve. $$\$ 2496$$ is \(24 \%\) of what amount? Estimate ___________ Calculate __________

Short Answer

Expert verified
The estimated amount is \(10,400. The calculated amount is also \)10,400.

Step by step solution

01

- Set up the equation

We know that 2496 is 24% of some unknown amount. Let's call this unknown amount 'x'. We can set up the equation as follows: \[ 2496 = 0.24x \]
02

- Isolate the variable

To find x, we need to isolate it on one side of the equation. We do this by dividing both sides of the equation by 0.24: \[ x = \frac{2496}{0.24} \]
03

- Perform the division

Now, calculate the right-hand side by performing the division: \[ x = 10400 \]
04

- Verification

Verify the result by checking if 24% of 10400 equals 2496. Calculate 24% of 10400: \[ 0.24 \times 10400 = 2496 \] The calculation confirms our result.

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

finding unknown amounts
When you come across a problem where you need to find an unknown amount from a known percentage, you're essentially working backwards to determine the whole from a part. In this exercise, we know that \(2496\) represents \(24\text{ %}\) of an unknown quantity, which we have called 'x'. By setting up and solving an equation, we can find this unknown amount. Start by recognizing that \(2496\) is a part (24\text{ %}) of the total amount. Use the equation:
\text {If } \text {Part} = \text {Percentage} \times \text{Total}, which translates to:
\(2496 = 0.24 \times x\)
Now, solve for 'x' to find the total amount. Always ensure to isolate the variable completely.
algebraic equations
In the process of finding unknown amounts, we often use algebraic equations. An equation is a statement that two expressions are equal. Here, we have the equation: \(2496 = 0.24 \times x\).
To solve the equation, the goal is to isolate the unknown variable (in this case, 'x') on one side of the equation. This requires basic algebraic operations.
First, recognize that \(0.24\) represents 24%. So, rewrite the problem as:
\(2496 = 0.24 \times x\).
To isolate 'x', divide both sides by \(0.24\): \(\frac{2496}{0.24} = x\).
Through this division, the equation simplifies, and we find that: \(x = 10400\).
Always verify by plugging 'x' back into the original context to ensure the solution is correct.
division
Division is a fundamental arithmetic operation that lets us split a number into equal parts or groups. It's especially useful when resolving equations like the one in our exercise.
When we isolated 'x' in our equation \(2496 = 0.24 \times x\), the next step was to perform a division to find the value of 'x'. This involved dividing \(2496\) by \(0.24\):
\(\frac{2496}{0.24} = x\).
This calculation tells us how many 24% groups fit into \(2496\). By performing this division, we calculate \(x\) to be 10400.
Division, in essence, undoes multiplication, making it powerful for solving equations where a variable is multiplied by a number. Practice dividing both simple and complex figures to sharpen your problem-solving skills. Always double-check by multiplying the quotient (result) back with the divisor. This way, you confirm your result, ensuring accuracy.

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Most popular questions from this chapter

Solve. Luke has a balance of \(\$ 5328.88\) on a credit card with an annual percentage rate (APR) of \(18.7 \%\) a) Many credit cards require a minimum monthly payment of \(2 \%\) of the balance. What is Luke's minimum payment on a balance of \(\$ 5328.88 ?\) Round the answer to the nearest dollar. b) Find the amount of interest and the amount applied to reduce the principal in the minimum payment found in part (a). c) If Luke had transferred his balance to a card with an APR of \(13.2 \%\), how much of his payment would be interest and how much would be applied to reduce the principal? d) Compare the amounts for \(13.2 \%\) from part (c) with the amounts for \(18.7 \%\) from part (b).

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A cross-section of a standard, or nominal, "two-by-four" actually measures \(1 \frac{1}{2}\) in. by \(3 \frac{1}{2}\) in. The rough board is 2 in. by 4 in. but is planed and dried to the finished size. What percent of the wood is removed in planing and drying?

Multiply and simplify. $$ \frac{4}{15} \times \frac{3}{20} $$

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