Question

Question 13 FUNDRAISER Owen is organizing a fundraiser. The proceeds will be split between a charity and the expenses from the fundraiser. Owen would like the cost of the fundraiser to be 15% of the proceeds. If the fundraiser will cost $500, how much money do they need to raise at the fundraiser? ​

Answer 1

Answer:

The amount to be raised at the fund raiser is $3,333.33

Step-by-step explanation:

Here, we want to know the amount of money needed to be raised for the fundraiser

Let the amount raised be $x

Thus;

15% of $x = $500

$500 is the cost of the fund raiser

15/100 * x = 500

15x/100 = 500

15x = (100 * 500)

x = (100 * 500)/15

x = 3,333.33