Question

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

Answer 1

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

`1700*(x)/(100)=79 \\ \\ 1700x=7900\\ \\ x=(7900)/(1700)\\ \\ x= 4.647 \approx 4.65`

Hence the required percentage is 4.65.