Computer Science, asked by AmeliaPhillips, 5 hours ago

the current value of an investment is 25% more than its initial value. The increase in value is $10 million. What was the initial value of the investment​

Answers

Answered by amitnrw
6

Given :  the current value of an investment is 25% more than its initial value. The increase in value is $10 million.  

To Find :   the initial value of the investment​

Solution:

Let say   the initial value of the investment​  =  P  million  $

the current value of an investment is 25% more

Hence increase in investment value = (25/100) P  =  P/4  million  $

The increase in value is $10 million

Equating both

=> P/4  = 10

=> P = 40      million  $

the initial value of the investment​  = $40 million

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Answered by jaswasri2006
0

$ 40 million

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