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Lazarus

03/20/04 9:17 PM

#220731 RE: Rawnoc #220730

100% OF 1 IS 1

just like 1 x 1 = 1

but 200% of 1 = 2

just like 1 x 2 =2

and so forth

go ask Marilyn

Lazarus
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chipped2003

03/29/04 1:26 PM

#224475 RE: Rawnoc #220730

Rawnoc...you are right...you have to subtract 100% which represents your initial investment...I just went over this taking the GMAT for business school recently...a very common mistake...