Question

A project on Kickstarter for an iPad stylus raised 1,130% of their goal, raising a total of $322,507 from 7,457 supporters. What was their original goal? Give your answer to the nearest dollar.

Answer 1

Let x represent the original goal of the project.

Since x represents the 100%, and $332,507 represents 1,130%, then:

`(x)/(100)=(332,507)/(1130)`

Solve for x:

`x=100*(332,507)/(1130)=29,425.39823\ldots\approx29,425`

Therefore, to the nearest dollar, the original goal of the project was to raise $29,425.