An art teacher spent 7% of the art supply budget on colored paper. The art supply budget was $1000.
What was the total amount of money, in dollars, the art teacher spent on colored paper?

$70 on colored paper

Step-by-step explanation: For this problem we will be solving for 7% of 1000 to determine the amount of money spent on colored paper.

We will write a percent equation for x, the amount spent on colored paper.

Step 1: 7/100 = x/1000

Step 2: 7/100 x 1000 = x/1000 x 1000  

Step 3: 7000/100 = x

Step 4: 70 = x

So x, also known as the amount spent on colored paper is $70