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12 October, 04:58

Someone offers to give you some money. You can choose between 15% of $1,500 or 25% of $950. Which amount should you choose?

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Answers (2)
  1. 12 October, 06:56
    0
    First, you should figure out which sum of money is larger.

    0.15 * 1500 = 225

    0.25 * 950 = 237.5

    After figuring this out, one would realize that 25% of $950 is larger than 15% of 1,500.

    Therefore, if someone offers to give you 15% of $1,500 or 25% of $950, you should choose 25% of 950.
  2. 12 October, 08:42
    0
    You should choose 25% of $950 as that gives the higher amount of money.

    15% of $1,500 = $225

    25% of $950 = $237.5
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