ngozikandumele ngozikandumele

03-04-2021
Mathematics

contestada

if a man got 10 Naira at the end of 6 months as interest on a loan of 375 naira,what rate of interest was charged

Respuesta :

swekshyakarna738 swekshyakarna738

03-04-2021

Answer:

5.33% rate

Step-by-step explanation:

so here the principle(P) is 375 Naira

time(T) = 1/2 (half year)

Interest (I)= 10 Naira

rate (R)= ?

we have a formula

I =(PTR)/100

or, R =(I×100)/(PT) = (10×100)/(375×0.5)= 5.33%

Answer Link

Otras preguntas

What is a political machine?

Points B and C lie on line AD. Find AC if AB/BD =3/4, AC/CD=5/6,and BD =66

The measure of one angle of a parallelogram is 45° .what are the measure of the other angles

what is the vertex for the equation f(x)=3(x+4)^2-5

Simplify please (x^2/9x^2-4y^2)/(x^2/2y-3x)

In the ocean, there are areas where there are very few living things. ____________ is the term that describes when this happens to a natural area.

If you walked at an average speed of 102 m/s, how long would it take to cross a road that is 16-m wide?

Which could be the measures of the three angles of an acute triangle. A. 40, 90, 50 B. 45, 45, 90 C. 25, 25, 130 D. 70, 80, 30

In 1998, paleoanthropologist Rick Potts published an article in The Yearbook of Physical Anthropology, a peer-reviewed journal. The article was titled “Environm

The 'divide and rule' policy employed by the English was developed by the _____.