Question 63

54% of $789.56 is $426.36.

Calculating 54% of $789.56 results in $426.36, making this the correct answer.

A) $426.36

This option is correct as it accurately represents the value obtained by calculating 54% of $789.56. The calculation is performed by multiplying $789.56 by 0.54, resulting in exactly $426.36.

B) $526.38

This option is incorrect because $526.38 does not represent 54% of $789.56. The calculation yields a lower value than this option, indicating a miscalculation in determining the percentage.

C) $363.20

This option is incorrect as $363.20 is significantly lower than the actual value of 54% of $789.56. It suggests a misunderstanding of percentage calculations or an incorrect arithmetic operation.

D) $426.37

This option is also incorrect, as it is very close to the correct answer but falls short by one cent. It demonstrates a minor error in the rounding process or calculation that leads to an inaccurate result.

Conclusion

The correct answer, $426.36, is the precise calculation for 54% of $789.56, while all other options fail to represent this calculation accurately, either by being too high or too low. This highlights the importance of precise arithmetic in percentage problems, ensuring clarity and correctness in financial calculations.