Yes 2/4 is half of 4 and 1/2 is half of 2
Given:
Principal = 200
interest rate = 4% per annum
term = 1 year
Simple Interest = Principal * interest rate * term
S.I. = 200 * 4% * 1
S.I = 8
Simple interest earned is $8.
Step-by-step explanation:
do () first
2*1-1
then multiplication
2-1
then subtraction
=1
same reason as above
4 *2 -6
8-6
=2