If an investor invest ₦450,000 in a certain organization in order to yield X as a return of ₦25,000. Find the return on an investment of ₦700,000 by Y in th...

Answer Details

To solve the problem, we need to use the concept of proportionality. We can set up a proportion between the return and the investment amount: Return/Investment = X/₦450,000 We can rearrange this to solve for X: X = (Return * ₦450,000) / Investment Now, we can use this equation to find the return Y on an investment of ₦700,000: Y = (X * ₦700,000) / ₦450,000 Substituting the given values, we get: X = (₦25,000 * ₦450,000) / ₦450,000 = ₦25,000 Y = (₦25,000 * ₦700,000) / ₦450,000 = ₦38,888.89 (rounded to ₦38,888.90K) Therefore, the answer is option D: ₦38,888.90K.