SOLUTION: Identify the amount in the statement "140 is 28% of 500" I would really appreciate someone's help in explaing this to me.

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Question 78702: Identify the amount in the statement "140 is 28% of 500"
I would really appreciate someone's help in explaing this to me.
Found 2 solutions by stanbon, checkley75:
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
"140 is 28% of 500"
140 = (0.28)*500
140 is the interest
0.28 is the rate
500 is the amount
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Cheers,
Stan H.

Answer by checkley75(3666) About Me  (Show Source):
You can put this solution on YOUR website!
THE FORMULA FOR THIS WORD PROBLEM IS:
140=.28*500
140=140 THE STATEMENT IS TRUE.
THE AMOUNT IS $140 IF YOU WANT THE AMOUNT OF THE ANSWER.
$500 IS THE AMOUNT IF YOU'RE TALKING ABOUT THE TOTAL AMOUNT.