Question 534857
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When you see the word "of" it means multiply.  So 25% of the budget = 25% * budget.  Remember that a % is the number divided by 100 so 25% = 25/100.<P>
Given a budget of b, to find the cost c (business space rent and utilities) the formula is:<P>
c = (25/100)b<P>
For this specific case c = (25/100)*118250.