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WARRIOR [948]
3 years ago
11

If an amount of $100in a savings account increases by 10% percent again,is that the same as increasing by 20%?

Mathematics
2 answers:
damaskus [11]3 years ago
5 0
Yes because 20% is the same as 10%*2
Anika [276]3 years ago
5 0

Answer:

100+20%=120

100+10%=110+10%=121

Step-by-step explanation:

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H. Four businessman invested a sum of Rs.
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  • Four businessmen invested a sum of Rs. 250,000 in the ratio of 3:5:7:10 to start a new business.

(i) The amount invested by each businessman is;

<u>1^st businessman invested:</u>

<u />

\frac{3}{25}  * 250,000 = Rs. 30,000

<u>2^nd businessman invested:</u>

<u />

<u />\frac{5}{25} * 250,000 = Rs. 50,000

<u>3^rd businessman invested:</u>

<u />

<u />\frac{7}{25} *250,000 = Rs. 70,000

<u>4^th businessman invested:</u>

<u />

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<u>1^st businessman got:</u>

<u />

<u />\frac{3}{25} * 50,000 = Rs. 6,000

<u>2^nd businessman got:</u>

<u />

<u />\frac{5}{25} *50,000 = Rs. 10,000

<u>3^rd businessman got:</u>

<u />

<u />\frac{7}{25} *50,000 = Rs. 14,000

<u>4^th businessman got:</u>

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8 0
3 years ago
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