A deli has a special one day event to celebrate. On the day of the event every eighth customer receives a free drink. Every twel
fth customer receives a free sandwich. If 200 customers show up for the event, how many of the customers will receive both a free drink and a free sandwich?
Find the HCF or GCF of 8 and 12 which is 24. now total customers are 200, now divide 200 by 24 and you will get quotient 8 and it shows 8 people will get both drink and sandich
<span>For this we have to see which numbers below 200 are both divisible by 8 and 12.
Who get free drink - 8,16,24,32,40,48,56,64,72,80,88,96,104,112,120,128,136,144,152,160,168,176,184,192,200
Who get free sandwich
12,24,36,48,60,72,84,96,108,120,132,144,156,168,180,192
Find common numbers
24,48,72,96,120,144,168,192
The answer is 8</span>
The principal amount in the loan taken by Sharon is $750 . Note hat the $20 processing fee is a one time cost and is not included in the interest calculation.
Annual Rate of interest offered to Sharon is 12%
Time interval for the loan transaction is 1 year.
So the interest for 1 year is given by \[Principal * Rate * Year /100\]
\[750 * 12 * 1 /100\] = $90
So, Sharon will have to pay $90 as interest for the loan amount $750 borrowed for one year at the rate 12%.
