Exactly one year ago, Ray put his money into a savings account that yields 0.8% simple interest. If he has earned a profit of $28, how much did he originally deposit?
I am not able to understand the strcuure or logic can you please advice
Bunuel pleas help
There is problem in the question statement. Normally we call this earning "Interest", not "Profit". If you consider 'interest' then the question becomes logical.
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