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Ram is a successful bitcoin investor. He recently sold one bitcoin for $18,000. He made a profit of 400%. At what price did Ram buy the bitcoin? - SOMEBODY PLEASE HELP ME.​
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Ram is a successful bitcoin investor. He recently sold one bitcoin for $18,000. He made a profit of 400%. At what price did Ram buy the bitcoin?

- SOMEBODY PLEASE HELP ME.​

User Paco Zarate
by
5.3k points

1 Answer

5 votes
18,000=x+400% of x
18,000=5x
⇒x=3600
User Philoxopher
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5.3k points
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