Question

A loan company charged 35 percent interest on every dollar borrowed. If a person borrowed 177 dollars, how much would they end up paying total?

Answer 1

We know that 35 percent interest is applied on every dollar borrowed.
thus, for 1 dollor borrowed. the interest would be 0.35 dollar.
for 177 dollars, the interest would be 0.35*177.
plus the original 177 dollar, they would end up paying 177+0.35*177=238.95.