To find out how many bagels were produced on Saturday, we can set up the equation based on the information given.
We know that 8% of the total amount of bagels produced equals 416 bagels. We can express this mathematically as:
\[ 0.08 \times \text{Total Bagels} = 416 \]
To find the total number of bagels produced, we can rearrange this equation:
\[ \text{Total Bagels} = \frac{416}{0.08} \]
Now, performing the division:
\[ \text{Total Bagels} = \frac{416}{0.08} = 5200 \]
Therefore, the total number of bagels produced on Saturday was 5,200.
So, the answer is 5,200.