Vinh is saving for a standing mixer that costs $400. He currently has $160 saved. What percentage does he have saved?
A.30%
B.20%
C.40%
D.16%
To find the percentage Vinh has saved, divide the amount he has saved by the cost of the standing mixer and then multiply by 100.
($160/$400) * 100 = 0.4 * 100 = 40%
Therefore, Vinh has saved 40% of the cost of the standing mixer.
The answer is C. 40%.
To find the percentage Vinh has saved, divide the amount he currently has saved ($160) by the total cost of the standing mixer ($400) and multiply by 100.
Percentage Vinh has saved = (160/400) * 100
Step 1: Simplify the fraction
Percentage Vinh has saved = 0.4 * 100
Step 2: Multiply
Percentage Vinh has saved = 40
Therefore, Vinh has 40% saved. Option C, 40%, is the correct answer.
To calculate the percentage that Vinh has saved, you need to divide the amount he has saved ($160) by the total cost of the standing mixer ($400) and then multiply by 100.
The formula to calculate the percentage is: (Amount Saved / Total Cost) x 100
So, let's calculate:
(160 / 400) x 100 = 0.4 x 100 = 40
Therefore, Vinh has saved 40% of the total cost.
The correct answer is C. 40%.