Asked by Kortney Whitted on Apr 29, 2024

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$8.75 is 0.0⅞ % of what amount?

A) $100
B) $10,000
C) $1,000
D) $1
E) $100,000

Percentage Calculation

Percentage calculation involves determining the part of a whole in terms of 100, used for comparing proportions and expressing fractions.

  • Implement primary arithmetic operations and changes with decimals, fractions, and percentages.
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Verified Answer

EN
Emmanuel NewtonMay 04, 2024
Final Answer :
B
Explanation :
To find the amount, divide the given value by the percentage (converted to a decimal). $8.75 / 0.00875 = $1,000. However, the percentage given is 0.0⅞%, which is actually 0.0875% as a decimal. Correcting this, $8.75 / 0.000875 = $10,000.