SOLUTION: Sam is investing his money. He thinks that he should make $11 for every $100 he invests. How much does he expect to make on an investment of $1000?

Question 1146853: Sam is investing his money. He thinks that he should make $11 for every $100 he invests. How much does he expect to make on an investment of $1000?
Answer by ikleyn(52847) (Show Source): You can put this solution on YOUR website!
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Use proportion


     = .


From the proportion, find x =  = 110  dollars.    ANSWER

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On proportions, see the lessons
    - Proportions
    - Using proportions to solve word problems
    - Typical problems on proportions
    - Using proportions to estimate the number of fish in a lake
    - HOW TO algebreze and solve these problems using proportions
    - Problems on proportions for mental solution
    - Selected problems on proportions from the archive
    - OVERVIEW of lessons on proportions
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