SOLUTION: Which would you rather have: 12% of $330 or 330% of $12? Explain why by showing detailed calculations.

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: Which would you rather have: 12% of $330 or 330% of $12? Explain why by showing detailed calculations.       Log On


   

Question 1065632: Which would you rather have: 12% of $330 or 330% of $12? Explain why by showing detailed calculations.
Answer by Edwin McCravy(20060) About Me  (Show Source):
You can put this solution on YOUR website!

12% of $330 = 0.12×$330 = $39.60
330% of $12 = 3.30×$12 = $39.60

They're the same amount!

Edwin