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ASAP You invested some money and made a profit of $55. Your profit was 11% of your investment. How much did you invest
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12 votes
ASAP

You invested some money and made a profit of $55. Your profit was 11% of your investment. How much did you invest

User LWC
by
5.7k points

2 Answers

6 votes

Answer:

We invest = $500

Explanation:

Inverstment = X × 11/100=55

X = 55×100/11 = $500

User Soumitra Chatterjee
by
5.1k points
9 votes

Answer:

55 is 11% of 500.

You invested 500$

Explanation:

User Elad Ratson
by
5.4k points
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