ANSWER:
$21.25
STEP-BY-STEP EXPLANATION:
We can calculate 8 1/2% of $ 250 by multiplying the percentage value by the total value of the money.
The first thing is to convert 8 1/2 into a decimal number, just like this
[tex]\begin{gathered} 8\frac{1}{2}=8.5 \\ \text{now,} \\ \frac{8.5}{100}\cdot250=21.25 \end{gathered}[/tex]Therefore $21.25 is 8 1/2% of $250