simple interest and compound interest

Question

10 % deposit that has been paid toward the purchase of a certain product is $110.How much more remains to be paid 

Answer 1

10% of the purchase is $110.  Key terms are 'of' which means 'times' and 'is' which means 'equals'

 

10% x Purchase = 110

 

Solve for Purchase by dividing 110 by 10%

 

= $1100

 

All the best

 

Lori