A group of friends were working on a student film with a budget of $500, which they spent on equipment and costumes. They spent $55 on costumes. What percent did they spend on equipment?
Question
A group of friends were working on a student film with a budget of 55 on costumes. What percent did they spend on equipment?
Solution
To find out the percentage spent on equipment, follow these steps:
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First, find out how much was spent on equipment. Since the total budget was 55 was spent on costumes, subtract 500. 55 = 445 was spent on equipment.
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Next, calculate the percentage of the total budget that was spent on equipment. To do this, divide the amount spent on equipment by the total budget and then multiply by 100 to get a percentage. (500) * 100 = 89%.
So, 89% of the budget was spent on equipment.
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