If $110 is invested for one year at 12% simple interest, how much interest is earned?
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Answer:
this is the answer
Step-by-step explanation:
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We are given ratio 456:8.
The given ratio can be written in fraction form as
In order to find the rate, we need to divide 456 by 8, because it would give the unit value.
When we divide 456 by 8, we first take multiple of 8 closer to the number 45.
8*6=48 but it's greater than 45, so we would take 8*5 =40.
Subtracting 40 from 45, we get 5.
Getting 6 down, we get 56. Take multiple of 8 upto 56.
8*7= 56.
56 -56=0.
So, on dividing 456 by 8 we got 57.
Therefore, rate is 57 per unit.
