Question

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​

Answer 1

Answer:

$40 million

Explanation:

let initial value is x

The increase in value is $10 million

that is equal to 25% of x

x*25/100=$10 million

x=$40 million

therefore the initial value is $40 milliin

Answer 2

Answer:

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