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Anit [1.1K]
2 years ago
6

A Man borrowed Rs 500 for 3 years at the rate of 5% find his interest and amount​

Mathematics
1 answer:
TiliK225 [7]2 years ago
5 0

Answer:

  1. Total amount = $575.00
  2. I = PRT/100 = $75.00
  3. Equation:

Total amount = interest + principle

Step-by-step explanation:

Formula:- I = PRT/100

Where,

  • I is interest
  • P is principle
  • R is rate
  • T is time

⇒ I = 500×5×3/100

⇒ I = 7500/100

⇒ I = 75

Interest is $75.00

The total amount accrued, principal plus interest, from simple interest on a principal of $500.00 at a rate of 5% per year for 3 years is $575.00.

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8 0
3 years ago
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6 0
3 years ago
2.) Bob has two weekend jobs. Last weekend he made a total of $77 after
Butoxors [25]

Answer:

Step-by-step explanation:

x= money earned per hour working as a cashier.

y=money earned per hour working delivering newspapers.

We propose the following system of equations:

5x + 4y =77

6x + 3y=78

We solve the system by reduction method:

-6*(5x+4y=77) ⇒  -30x-24y=-462

5*(6x+3y=78)⇒     30x+15y=390

                             ---------------------------

                                     -9y=-72  ⇒   y=-72 /-9=8

Now, we get the value of "x" replacing the value of "y" by "8" in any part of the equation above.

5x + 4(8)=77

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5x=45

x=45/5=9

therefore;  

money earned per hour working as a cashier= $9/ hour

money earned per hour working delivering newspapers=$8/hour

7 0
3 years ago
Read 2 more answers
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