Chapter 6.II, Problem 12TIE

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8th Edition

Robert Brechner + 1 other

ISBN: 9781305585447

Textbook Problem

Solve the following for the base. Round to hundredths or the nearest cent when necessary.

$550 is 88% of what amount?

To determine

**To calculate:** The amount of which

Explanation

**Given Information:**

The provided amount is

**Formula used:**

Step1: Recognize the two known values and the unknown value.

Step2: Pick the formula that computes the unknown value.

The formula to compute the rate is:

Step3: Solve the equation by putting the known values for the variables in the formula.

**Calculation:**

Consider that, the value of rate is

So, the missing value is base as base is the whole amount frequently recognized as the value headed by the word of

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