Question

mr. hollins determines that he gives away $800 each month. if he gives away 16% of his budget, how much is his overall budget?

Explanation:

Step1: Define variable for budget

Let $x$ = total monthly budget.

Step2: Set up percentage equation

16% of $x$ equals $800$, so:
$$0.16x = 800$$

Step3: Solve for $x$

Divide both sides by 0.16:
$$x = \frac{800}{0.16}$$

Step4: Calculate the value

$$x = 5000$$

Answer:

$\$5000$