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?

Video Solution

Solution Steps

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

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

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