My Math Forum Finance problem

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 September 28th, 2008, 05:39 PM #1 Newbie   Joined: Sep 2008 Posts: 4 Thanks: 0 Finance problem I cant figure out how to solve this problem: When 60% of a number is added to the number,the result is 192.What is the number?
 September 28th, 2008, 06:46 PM #2 Senior Member   Joined: Jul 2008 Posts: 895 Thanks: 0 Re: Finance problem N + 0.60N = 192
 September 28th, 2008, 07:34 PM #3 Newbie   Joined: Sep 2008 Posts: 4 Thanks: 0 Re: Finance problem Here is another one: 70 percent of what number is 224?
 September 28th, 2008, 10:53 PM #4 Global Moderator   Joined: Dec 2006 Posts: 20,095 Thanks: 1905 N + 0.60N = 192 implies 1.6N = 192, so N = 192/1.6 = 120. 70% M = 224 implies M = 224/0.70 = 320.

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