SOLUTION: Identify the base in the statment "50% of 300 is 150." I believe it is 50% am I correct?

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Question 42508: Identify the base in the statment "50% of 300 is 150."
I believe it is 50% am I correct?
Answer by wuwei96815(245) About Me  (Show Source):
You can put this solution on YOUR website!
I am assuming (I hope correctly) that in this instance base is another word for principal. Therefore, the base would be 300. Think in terms of rate of return on principal.