Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Transcribed Image Text:If 2 tsp is 20% of the amount needed, what is the amount needed?
Expert Solution
Step 1
The given problem can be solved using the unitary method:
When 20% is 2 tsp then;
100% is 2/20% = 10
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