Verified Answer :

4.80 = 100%
   x   = 55%

Cross Multiply

100 x = 55 4.80
100x = 264
x = 264
      100
x = 2.64

Solution: $2.64

Quakecomm

Percentages are out of one, so finding the x% of anything is just multiplying that thing by some decimal value defined by x. In this case, since x is 55, you multiply by .55. If it was 5%, you would multiply by .05, 34% .34, and so on. 4.8*.55=2.64.

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