Answer:
<em>$225</em>
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Step-by-step explanation:
Given that:
Principal = $6,000
Interest rate = 5%
Time = 1 year
Taxes paid = 25% on the interest earned
To find:
Money earned after paying taxes ?
Solution:
First of all, let us calculate the total interest earned:
Formula for Simple Interest is given as:
Where P is the principal
R is the rate of interest
T is the time taken
Putting the given values:
Now, it is given that 25% of the interest earned is given as taxes.
Taxes paid = 25% of $300
Therefore, the money earned = Interest earned - Taxes paid
The money earned = $300 - $75 = <em>$225</em>
There are 12 boys and 21 girls for a total of 33 students
I’m not sure if this is right!
Answer:
It would be a negative or positive depending on the situation.
Step-by-step explanation:
A negative minus a negative would result in either a positive or negative. For example, -8 - (-9) would be 1 while -8 - (-7) would be -1. If the negative number your subtracting is greater than the number you're subtracting from then it will be positive, vice versa.
Answer:
$2,975
Step-by-step explanation:
Discount = Original Price x Discount %/100
Discount = 3500 × 15/100
Discount = 3500 x 0.15
You save = $525.00
Final Price = Original Price - Discount
Final Price = 3500 - 525
Final Price = $2,975.00