a fund drive announces that it has raised 4376 which is 20% of its goal. How much more must be raised?

Question

a fund drive announces that it has raised 4376 which is 20% of its goal. How much more must be raised?

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    0
    2021-09-14T21:00:35+00:00

    You can solve this problem as follows:
     
     1. Let’s call the amount: “y”.
     
     2. The exercise says that 4376 which is 20% of its goal, so we have:
     
     y=4376
     20% of its goal=4376
     
     3. Then, we have the equation below:
     
     20y/100=4376
     0.20y=4376
     
     4. When we clear the variable “y”, we obtain:
     
     y=4376/0.20
     y=21880
     
     5. Finally, we will have:
     
     21880-4376=17504
     
     6. How much more must be raised?
     
     The anwer is: 17504 

    0
    2021-09-14T21:01:04+00:00

    Answer:
    It must raise an additional 17504

    Explanation:
    Assume that the amount to be raised is x.
    Now, we are given that 20% of x is 4376, therefore:
    0.2x = 
    4376
    x = 
    4376/0.2
    x = 21880

    It has raised 4376, therefore:
    amount left to raise = 21880 – 
    4376 = 17504

    Hope this helps 🙂

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