Of the 240 shirts on a rack, 40 percent are size medium. How many shirts on the rack are size medium?

First, let’s check for the given:

Shirts on the rack = 240

Medium size shirts = 40% of 240

With the following given, we can now solve for the total number of shirts on the rack that are size medium.

So, in order to solve for the problem, we multiply 40% to 240:

The decimal equivalent of 40% is 0.4.

240 shirts *.4 = 96 shirts

Therefore, out of 240 shirts on the rack, there are 96 shirts on the rack that are size medium.

To add, the number or ratio that represents a fraction of 100 is called a percentage.