3 years ago

Round to the nearest ten thousandth.I dont get this

Mathematics

1 answer:

ale4655 [162]3 years ago

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An investment firm invested in two companies last year. They invested $11,000 in Company A and made a profit of 24% . They inves

Tema [17]

First off, "whatever%" of "anything" is just (whatever/100) * anything

part A)

so... firm A got 11,000 invested, turned a profit of 24%, how much is 24% of 11000? well (24/100) * 11000

firm B got 14,000 invested, and returned 15% in profits, how much is 15% of 14000? (15/100) * 14000

part B)

for the amounts above, we get 2640 and 2100 respectively

so, the total profit "amount" is 2640 + 2100 or 4740

the total investement was 11000+14000 = 25000

if 25000 is the 100%, how much is 4740 in percentage?

$\bf \begin{array}{ccllll}
amount&\%\\
\text{\textemdash\textemdash\textemdash}&\text{\textemdash\textemdash\textemdash}\\
25000&100\\
4740&x
\end{array}\implies \cfrac{25000}{4740}=\cfrac{100}{x}$

solve for "x"

6 0

3 years ago

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