Name: Matt Stevenson
Level: Probably 8th grade
Occupation: Salesman

QUESTION:

If one invests $4000.00 and makes 1000% on the investment would he/she have $40,000.00?
Could one figure this by: $4000.00 * 10.0 = $40,000.00?
So is 10 times a number the same as 1000%?

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

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.