To determine how much the carnival will raise on Saturday, we start with the amount raised on Friday, which is $300. We then calculate 480% of this amount.
First, we convert the percentage into a decimal: 480% = 480/100 = 4.8
Next, we calculate the amount for Saturday: Amount raised on Saturday = 4.8 * $300 = $1,440.
Now let's examine each statement:
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The answer will be less than $300 because 100 is less than 480.
- False. The amount raised on Saturday is much more than $300.
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The answer will be greater than $300 because 480 is greater than 100.
- True. Since 480% is significantly greater than 100%, the amount raised will indeed be greater than $300.
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(100)(3) = 300, so 480(3) is the amount of money that the carnival will raise on Saturday.
- False. This reasoning is incorrect. The correct calculation is 480% of $300, which we calculated to be $1,440.
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480 + 300 is the amount of money that the carnival raised on Saturday.
- False. This statement incorrectly adds the percentages and the original amount rather than calculating the percentage of the amount raised.
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The carnival raised $780 on Saturday.
- False. The correct amount raised on Saturday is $1,440, not $780.
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The carnival raised $1,440 on Saturday.
- True. This is the correct calculation as shown above.
In conclusion, the true statements are:
- The answer will be greater than $300 because 480 is greater than 100.
- The carnival raised $1,440 on Saturday.