Question 92953
Enrique puts 12% of his monthly paycheck in an IRA. If he invests $72 in his IRA, how much was his paycheck?
Use the formula for percent:
{{{(Part/Whole)}}}={{{(Percent/100)}}}
Plug-in the values and solve for the unknown variable (whole)
{{{($72/Whole)}}} = {{{(12/100)}}}
{{{(72)(100))}}}={{{(Whole)(12))}}}  [Cross-multiply]
7200=(Whole)(12)
{{{(7200/12)}}}=Whole
600=Whole
.
Checking:
(600)(.12)=$72.00