Hint: How many 5% are there in 100%?. In other words, how many nickels are there in a dollar? Go freaking get some nickels and count out a dollar if you have to.
You know that each nickel is worth $6025. You really should be able to figure this out now.
Answers & Comments
P x .05 = 6025 ... now if only I had a sharp pencil ....
.05 x = 6025 - solve for x
I do not need to practice 8th grade math, thanks.
Hint: How many 5% are there in 100%?. In other words, how many nickels are there in a dollar? Go freaking get some nickels and count out a dollar if you have to.
You know that each nickel is worth $6025. You really should be able to figure this out now.