A group of friends were working on a student film that had a budget of $1000. They used $180 of their budget on equipment. What percentage of their total budget did they spend on equipment?

Answer 1

To find out what percentage of the total budget was spent on equipment, you can use the formula:

\[ \text{Percentage} = \left( \frac{\text{Amount spent}}{\text{Total budget}} \right) \times 100 \]

In this case, the amount spent on equipment is $180 and the total budget is $1000.

Plugging in the numbers:

\[ \text{Percentage} = \left( \frac{180}{1000} \right) \times 100 \]

Now, calculate the fraction:

\[ \frac{180}{1000} = 0.18 \]

Then multiply by 100 to get the percentage:

\[ 0.18 \times 100 = 18 \]

Thus, the friends spent 18% of their total budget on equipment.