A new law requires that 12% of an individual's income be invested in the stock market. Your accounts show that you need to put $420 in the stock market this year. How much did you earn this year.

Question

A new law requires that 12% of an individual's income be invested in the stock market. Your accounts show that you need to put $420 in the stock market this year. How much did you earn this year.
My Guess is 3,500%

But Its a guess i would like to know how to solve the problem so don't give the answers XD unless we work together to find it

R_scott · Accepted Answer

12% x = $420 ... .12 x = 420 ... x = 420 / .12 you probably earned $ , not %

Bria · Answer

thx so much R_scott :)