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[quote=Anonymous]The 1.2 posters have the equation, but to figure out how to set that equation up.... First determine what you are solving for: what is unknown? In this case, that's the budget. Give that the name "x". Now what do you know about x (aka "the budget")? You know that 120% of it (the budget) is $60. Hints: "percent of" indicates multiplication. "Is" indicates an equal sign. So, "120 percent of X is $60" can be written mathematically as: 1.2 times X equals 60 Or 1.2x=60[/quote]
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