Name: Matt Stevenson QUESTION:
If one invests $4000.00 and makes 1000% on the investment would he/she have $40,000.00?
Would 100 times a number be the same as 10,000%? Would 1000 times a number be 100,000%? What times a number would be 1,000,000%? 10,000? Thanks for providing this valuble service, Matt Stevenson Hi Matt,The term "percent" means "per 100" so 1000% is 1000/100 = 10. Thus if one invests $4000.00 and makes 1000% then the return would be 10*$4000.00 = $40 000.00 Likewise 10 000% is 10 000/100 = 100. Cheers,Penny
