You deposit $100 in a savings account. The account earns 11% simple interest per year.
1 answer:
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Answer:
0.220 L
Step-by-step explanation:
One liter is 1000 mL, so 2,220 mL is 2.220 L. Subtracting the 2 L on hand gives the additional amount required:
2.220 L - 2 L = 0.220 L
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The nice thing about metric units is that conversion factors are often powers of 10, so only movement of the decimal point is required. It can be worthwhile to become familiar with the SI prefixes.
Answer: The percent gain was 25%.
Step-by-step explanation:
Given, Cost price of lot = $1,200
Selling price of lot = $1,500
The percent gain =
⇒ Percent gain =
Hence, the percent gain was 25% based on his purchase.