Ed spent 8.5% of his savings on lunch, which cost $5.25. How much did he have in savings before lunch?

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asked Feb 1, 2015 112k views

2 Answers

Stephen Elmendorf · Answer 1 · 2015-02-03T16:57:27+0000

100 ÷ 8.5= 11.7647058824 then 11.7647058824 × 5.25= 61.7647058824 and round to 61.76
$61.76 because you divide 100% by 8.5 then multiply the answer by 5.25.

Ed spent 8.5% of his savings on lunch, which cost $5.25. How much did he have in savings before lunch?

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