SOLUTION: On her most recent investment Kristi earned $300 on a total of $2,500 invested. What is her rate of return?

Algebra.Com
Question 568936: On her most recent investment Kristi earned $300 on a total of $2,500 invested. What is her rate of return?
Answer by Maths68(1474)   (Show Source): You can put this solution on YOUR website!
Let
x% of 2500 = 300




Divide by 25 both sides of above equation




Rate of return 12%

RELATED QUESTIONS

2. Ms. Hill invested $3000. She earned 14% on part of her investment and 6% on the rest.... (answered by Joe Mama ,Alan3354)
Jon invested a total of $12,000 in stocks, bonds, and mutual funds. She Received a 10%... (answered by ptaylor,edjones)
The Total Return on an investment is the relative change in the investment value:... (answered by Boreal)
A woman has part of $4500 invested at 4% and the rest at 6%. If her annual return on each (answered by atul)
Marita invested a total of $25,000 in stocks, bonds, and a mutual fund. In one year she... (answered by richwmiller)
Claire invests $2,500. At the end of one year she has earned $150 in interest. What was... (answered by jorel1380)
Ashley has earmarked at most $950,000 for investment in three mutual funds: a money... (answered by ikleyn)
Karen invest $500 in a fun for 6 years and was paid simple interest. The total interest... (answered by richwmiller,josgarithmetic)
annual interest on $18,000 investment exceeds interest earned on $13,000 investment by... (answered by ReadingBoosters)