Question

Brown got a 10% profit on a $200 investment. Jones got a 5% profit on a $200 investment. Smith got a 15% profit on a $400 investment. What is the mean of all profits?

Answer 1

are you looking for the ansewrs to these?

Answer 2

I need help solving it.

Answer 3

ok so lets start with Brown yeah? lets start with 10% of $100 what would that be?

Answer 4

How would i figure that out?

Answer 5

ok how many "10"s are in 100

Answer 6

10

Answer 7

thats 10% of 100 ;D now double it

Answer 8

20%

Answer 9

yes 20% is browns profit

Answer 10

and 60% for Smith?

Answer 11

Correcto!

Answer 12

Then do you add all them up?

Answer 13

um ok then its asking for the mean of all profits so what is all the profits added up equal to

Answer 14

90

Answer 15

ok now divide by 3

Answer 16

30!

Answer 17

is that in one of the answers to choose from

Answer 18

Yes!

Answer 19

Thank you so much for the help! :)

Answer 20

youre verry welcome ;D