SOLUTION: Identify the rate in the statment " 260 is 52% of 500." I believe it is 500,am I right?

Algebra ->  Exponents -> SOLUTION: Identify the rate in the statment " 260 is 52% of 500." I believe it is 500,am I right?      Log On


   

Question 42510: Identify the rate in the statment " 260 is 52% of 500."

I believe it is 500,am I right?
Answer by wuwei96815(245) About Me  (Show Source):
You can put this solution on YOUR website!
Rate in this instance would be the 52%. Think in terms of "rate of return" on an investment.