A certain investment earns $20$ percent interest annually. If the investment has earned $\$30$ after one year, what

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by Gmat_mission » Sun Oct 25, 2020 11:52 am

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A certain investment earns $20$ percent interest annually. If the investment has earned $\$30$ after one year, what was its original value?

a. $\$100$

b. $\$120$

c. $\$150$

d. $\$175$

e. $\$180$

Answer: C

Source: Princeton Review

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Source: Beat The GMAT — Problem Solving | Sun Oct 25, 2020 11:52 am

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