Question

Question 13

2 pts
If a person bought a bike for $400 and sold it for $500. What is their rate of return?
0 25%
None of the Above
05%
20%
Question 14
2 pts
If you bought 1000 shares of a Vanguard Mutual Fund for $145 a share two years

Answer 1

For question 13: 25%

Explanation:

25 out of one hundred is one fourth

25 percent of 400 is one hundred

since 4 one hundreds go into 400

take one fourth and you get one hundred

500-400=100

so 25%

I dont know what the second question is asking