haleyperalesovv8hy haleyperalesovv8hy
  • 11-09-2018
  • Mathematics
contestada

A profit of $79 on an investment of $1700 what’s the percentage of the profit for the investment

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apocritia
apocritia apocritia
  • 20-09-2018

Solution:

we are given that

A profit of $79 on an investment of $1700.

we have been asked to find

what’s the percentage of the profit for the investment.

Let the required percentage be x then we can write

[tex]1700\times\frac{x}{100}=79 \\ \\ 1700x=7900\\ \\ x=\frac{7900}{1700}\\ \\ x= 4.647 \approx 4.65[/tex]

Hence the required percentage is 4.65.

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