Answer:
ITS 24%
Step-by-step explanation:
To rephrase this problem: 120 is what percent of 500.
Let's call the percent we are looking for
p
. Then we can say:
p
of 500 = 120 or
p
×
500
=
120
Solving for
p
while keeping the equation balanced gives:
p
×
500
500
=
120
500 p
=
0.24 or
24
%
