I need help calculating a percentage that is more than 100%. Here is the main portion of the problem: "The arenas alone have ended up costing nearly 300 percent more than was planned - nearly $4 billion total and growing." I can't figure out how to determine what 4,000,000,000 is 300% of. Please help.
Thank you,
ondverg
Thank you for helping me, romsek. I want to make sure I asked the question right. So, if the arenas cost more than was originally planned, then the original cost should have been 1 billion dollars and the 300% increase makes it 4 billion dollars? The 1.33 x 10^9 is confusing me. Does this mean that the original cost should be 1,333,333,333.00 and not 1,000,000,000.00?
ondverg
In general "A percent of B" mean . Given that "4 billion dollars is 300% move than was planned" and letting "B" represent "what was planned" that can be written which is the same as 3B= 4,000,000,000 and we can find B by dividing both sides by 3