Question

Find the overall change compared to the original amount: Your $1000 investment earned 5% interest.

Answer 1

the overall change is $50

Explanation:

percentage increase=change/original amount ×100

5=change/1000×100

5=100×change/1000

by cross multiplication

5000=100×change

dividing both sides by 100

5000/100=change

50=change

change=$50