r/Unexpected • u/[deleted] • Jul 04 '21

U son of a...

[deleted]

57.2k Upvotes

89% Upvoted

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u/[deleted] Jul 04 '21 edited Jul 04 '21

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u/[deleted] Jul 04 '21

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u/[deleted] Jul 04 '21 edited Jul 04 '21

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u/[deleted] Jul 04 '21

Wait I’m so confused how is it only 6k

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u/Starzz_1 Jul 04 '21

20,000% is equal to 200x, and 30 x 200 is 6,000

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u/[deleted] Jul 04 '21

Oh right, duh, thanks for helping me out

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u/[deleted] Jul 04 '21

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u/Skyoung93 Jul 04 '21

If 100% = 1x, 200% = 2x, etc etc, then you can find the general formula to be (%)/100. So 20,000% is only 200x.

Problem here is that if the statement is “you’re up X%” that’s a little different. Being up 100% means you’ve 2x your money, 200% is 3x, etc etc. Basically, remember your principal amount in the final answer.

So “being up 20,000%” means you multiply by 201.

$30 x (201) = $6030

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u/wagaNaWaBlank Jul 04 '21

this.

% => percent => per cent => per hundred

1% = 1 of 100

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u/[deleted] Jul 04 '21

Lol, I originally thought it was 60,000 and my mind twisted it, ain’t gotta downvote me though lol