The actual answer is 5.66666666
The reason is that because he made 238 over 42 months you divide 238$ by 42 months
What I always do to solve this, is find a common factor for each number first.
Usually 4 or 5 works best. I'll use 4.
4 goes into 80 20 times, which means that 4 = 5% of 80.
If 4 = 5%, and 48 = 12 x 4, then 48 must equal 60% of 80.
(Another way to solve this problem is: simplify 48 / 80. This simplifies to 3/5.
3/5 = 60%)!
F it rose 10% that means that it is now worth 110% of what it was a year ago. So set up an equation: 297 = 110% of x297 = 1.1 x270 = x So it was worth $270 a year ago.
