Solve the problem.
-Matthew has $\$ 2400$ invested in the stock market. This amounts to $25 \%$ of his total savings. How much has Matthew saved?
A) $\$ 9600$
B) $\$ 9700$
C) $\$ 96,000$
D) $\$ 9610$

Question

Quizplus · Accepted Answer

Matthew's total savings are calculated by dividing the amount invested in the stock market by the percentage this amount represents of his total savings. So, $2400 is 25% of his total savings, meaning his total savings are $2400 / 0.25 = $9600.

Solve the Problem $2400\$ 2400$2400 Invested in the Stock Market 25%25 \%25%

Solve the Problem $\$ 2400$ Invested in the Stock Market $25 \%$