Answer:
$320
Step-by-step explanation:
If $38.40 is 12%, then 1% is 38.40 ÷ 12.
⇒ 1% = 38.40 ÷ 12 = $3.20
Simply multiply 3.2 by 100 to get 100%:
⇒ 3.2 x 100 = $320
