The same report claims that the poorest 80% of Americans controlled only 7% of the nation's wealth. About how many people is this?

Question

The same report claims that the poorest 80% of Americans controlled only 7% of the nation's wealth. About how many people is this? 60,000,000
240,000,000
21,000,000
7,000,000
24,000,000
6,000,000

Answer 1

They should have included in the question that there are about 320,000,000 Americans.

 

80% = 0.8

 

0.8 X 320,000,000 = 256,000,000

 

So the answer is 240,000,000 which is the closest answer