SOLUTION: Matthew has $5500 invested in the stock market. This amounts to 25% of his total saving. How much has Matthew saved?

SOLUTION: Matthew has $5500 invested in the stock market. This amounts to 25% of his total saving. How much has Matthew saved?

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Question 1114081: Matthew has $5500 invested in the stock market. This amounts to 25% of his total saving. How much has Matthew saved?
Answer by greenestamps(13198) (Show Source): You can put this solution on YOUR website!

If the amount he has saved is x, then 25% of x is $5500. So

You can do the arithmetic.

Note the calculation is much easier if you recognize that 25% is one-fourth. Then the calculation is

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