Question

you raised php 1500 during fundraising event. the amount of money you raise is 120% of your goal. how much more did you raise than youre goal?

Answer 1

By calculating the original fundraising goal using the percentage raised, we determined that the goal was PHP 1250. The excess raised is PHP 250, which is the difference between the total amount raised PHP 1500 and the goal.

Step-by-step explanation:

To find out how much more was raised than the goal during the fundraising event, we need to determine the original goal amount, given that the amount raised represents 120% of that goal. Since 120% is equivalent to a factor of 1.2, we can calculate the original goal amount by dividing the total amount raised by 1.2.

The calculation is as follows:

• Total amount raised = PHP 1500

• Percentage of goal raised = 120% = 1.2 (as a decimal)

• Original goal amount = Total amount raised / 1.2

• Original goal amount = PHP 1500 / 1.2 = PHP 1250

Now, to determine how much more was raised than the goal, we subtract the original goal amount from the total amount raised:

• Amount over the goal = Total amount raised - Original goal amount

• Amount over the goal = PHP 1500 - PHP 1250 = PHP 250

Therefore, PHP 250 more was raised than the original goal during the fundraising event.