How to solve this word problem?
A family wins 25,000 in the lottery. Of this money half goes toward a new car one-tenth goes into savings. and the rest is put into investments. How much did the family invest?
Answers
Car: 25,000 x 50% = 12,500
10 November 2011
This is quite a straightforward percentages question.
10 November 2011
Savings: 25,000 x 10% = 2,500
10 November 2011
So 10,000 was put into investments
10 November 2011
Investments: 25,000 - 12,500 - 2,500 = 10,000
10 November 2011
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