The information shown here only shows a principal sum, a rate of interest and a period or time. There is no question as to what is needed. But suppose the need is for simple interest, then we calculate using the given information and the formula:
I = PRT
where I is simple interest, P is the principal, R is the rate per year, and T is time
P = 290, T is 6 months which is 0.5 years, R = 12.5 % which is written as 0.125 in decimal fraction.
I = 290 × 0.125 x 0.5 → I = 18.125
Therefore after 6 months , the interest earned will be 18. 125 dollars
Answer:
£375
Step-by-step explanation:
The tax changed from 17.5% of the car's price to 20% of the car's price, an increase of 2.5% of the car's price.
The increased tax amount is ...
0.025 × £15000 = £375
The price of the car went up by £375 due to the increase in VAT.
Let the distance be x miles
Time = Distance / speed
Time taken by Mike to go to his friend's house = x / 40 hours
Time taken by him to return = x / 45 hours
Total time = x / 40 + x / 45 = 4 hours
= 9x + 8x = 1440 miles
17x = 1440
= x = 1440 ÷ 7
= x = 84.706
Time taken to return home = 84.706 /45= 1.882 hours .
Therefore , Mike took 1.882 hours to reach home .
A gallon of that ice cream would be 10.99, so 2 1/2 would be 20.10.
