SOLUTION: Lisa invested in corn.She lost 5% of her investment,costing her $110. What was her initial investment?
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Question 698574: Lisa invested in corn.She lost 5% of her investment,costing her $110. What was her initial investment?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Lisa invested in corn.She lost 5% of her investment,costing her $110. What was her initial investment?
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Let "x" be her initial investment:
Equation:
0.05x = 110
x = 110/0.05
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x = $2200
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Cheers,
Stan H.
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