Calculate 20% of $3000: Money Distribution Problem

George has $3000. He wants to give 20% of it to William and 25% to Alexander. How much money will William receive?

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Step-by-step video solution

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00:00 Calculate many dollars William will receive?
00:04 Apply the formula to convert percentages to fractions
00:15 This fraction is equal to 20%
00:25 Multiply this fraction by the amount in order to determine William's share
00:33 Proceed to factorize and reduce wherever possible
00:52 This is the solution

Step-by-step written solution

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1

Understand the problem

George has $3000. He wants to give 20% of it to William and 25% to Alexander. How much money will William receive?

2

Step-by-step solution

To solve the problem, we will calculate the amount that William will receive by following these steps:

  • Step 1: Convert the percentage to a decimal by dividing by 100. Since William's portion is 20%, convert it to decimal: 0.20 0.20 .

  • Step 2: Multiply the total amount by this decimal to find William's share: 0.20×3000 0.20 \times 3000 .

Now, carrying out the multiplication:
0.20×3000=600 0.20 \times 3000 = 600
Thus, William will receive \600\).

Therefore, the solution to the problem is 600 600 , which corresponds to choice 3 in the options provided.

3

Final Answer

600

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