Answer = $40.31
*Step by Step explanation*
1) set up an proportion
X 25%
———— = ————
161.25 100%
2) multiply across
25% • 161.25 = 4031.25
3) divide what’s left over
4031.25 / 100 = 40.3125
4) in money you can only have to digits for cents, so:
$40.31
Is your answer.
