After Mrs. Fisher lost 4% of her investment, she had $ 55,200. What was Mrs. Fisher's original investment?
word problem
word problem
1 Answer
Sep 21, 2017
$57,500
Explanation:
There is 100% in the full amount, as always. If she has lost 4%, it stands to reason that she's got (
If we split the 96% in lumps of 1% (by dividing by 96), we can then multiply it by 100 to get the full (100%) original value: