To encourage interest in bicycling, 20 companies sponsored a bicycle race. Each company donated $50 for the race. How much money was donated for the race?

Answer 1

To find the total amount of money donated for the bicycle race, you can multiply the number of companies by the amount each company donated.

Total donation = Number of companies × Amount donated by each company

In this case:

Total donation = 20 companies × $50/company = $1000

Therefore, the total amount of money donated for the race is $1000.