75.5k views
3 votes
Your mum has saved $12,000 and has agreed to give you a share. Would you rather have 1/5 or 1/10 ?

1 Answer

6 votes

Hello from MrBillDoesMath!

Answer:

1/5

Discussion:

$12000 * (1/5) = $2400

$12000 * ( 1/10) = $1200


As 2400 > 1200, (1/5) is the best way to go

Thank you,

MrB

User Adrian Pronk
by
5.6k points