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An investor receives 4% of the cost of every product a company sells. If the company sells 5,000 worth of product, how much does the investor receive?

An investor receives 4% of the cost of every product a company sells. If the company sells 5,000 worth of product, how much does the investor receive?
asked 35.4k views
3 votes
An investor receives 4% of the cost of every product a company sells. If the company sells 5,000 worth of product, how much does the investor receive?

asked
User Julx
by
7.8k points

2 Answers

2 votes
The answer is 5,200
5,000 × 1.04 =5,200
answered
User Artsin
by
7.8k points
5 votes
The answer is 5000*0.04=200 dollars.
answered
User Mohammad Aghayari
by
8.7k points
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