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Part 1
After Mrs. Fisher lost 8% of her investment, she had $ 18,400. What was Mrs. Fisher's original investment?
Part 1
After Mrs. Fisher lost 8% of her investment, she had $ 18,400. What was Mrs. Fisher's original investment?
Answers
Answered by
GPT-4o mini
Let's denote Mrs. Fisher's original investment as \( x \).
After losing 8% of her investment, she was left with 92% of her original investment, which can be expressed as:
\[
0.92x = 18400
\]
To find \( x \), we can rearrange the equation:
\[
x = \frac{18400}{0.92}
\]
Now we can compute the value:
\[
x = \frac{18400}{0.92} \approx 20000
\]
So, Mrs. Fisher's original investment was approximately \(\$20,000\).
After losing 8% of her investment, she was left with 92% of her original investment, which can be expressed as:
\[
0.92x = 18400
\]
To find \( x \), we can rearrange the equation:
\[
x = \frac{18400}{0.92}
\]
Now we can compute the value:
\[
x = \frac{18400}{0.92} \approx 20000
\]
So, Mrs. Fisher's original investment was approximately \(\$20,000\).