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\( \$ 52,500,000 \) is what percent of \( \$ 70,000,000 ? \)

Ask by Boyd Turner. in the United States
Jan 24,2025

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Answer

\( \$52,500,000 \) is 75% of \( \$70,000,000 \).

Solution

To determine what percent \( \$52,500,000 \) is of \( \$70,000,000 \), you can use the following formula: \[ \text{Percentage} = \left( \frac{\text{Part}}{\text{Whole}} \right) \times 100 \] Plugging in the values: \[ \text{Percentage} = \left( \frac{52,500,000}{70,000,000} \right) \times 100 \] Simplify the fraction: \[ \frac{52,500,000}{70,000,000} = \frac{525}{700} = \frac{3}{4} = 0.75 \] Now, multiply by 100 to get the percentage: \[ 0.75 \times 100 = 75\% \] **Answer:** \( \$52,500,000 \) is **75%** of \( \$70,000,000 \).

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To find what percent \( \$ 52,500,000 \) is of \( \$ 70,000,000 \), you can use the formula: \[ \text{Percentage} = \left( \frac{\text{Part}}{\text{Whole}} \right) \times 100 \] Here, the part is \( 52,500,000 \) and the whole is \( 70,000,000 \). \[ \text{Percentage} = \left( \frac{52,500,000}{70,000,000} \right) \times 100 \approx 75\% \] So, \( \$ 52,500,000 \) is approximately \( 75\% \) of \( \$ 70,000,000 \). Want a fun fact? In the world of finance, percentages are key! They help us understand how much money is being spent or saved relative to a total amount, making budgeting much easier. And if you're trying to avoid common mistakes in percentage calculations, be sure to double-check your division. Rushing can lead to errors, especially if you're working with large numbers. Always take a moment to review your steps!

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