i hope my answer helps you and you will give me the best answer
Answer:
Rate = 6.56%
Step-by-step explanation:
Principal (P) = $5000
Interest (I) = $6312
Time (T) = 4 years
Rate (r) = ?
This question is involves simple interest and with the formula, we can easily plug in the values to find the rate.
S.I = P(1 + rt)
S.I = simple interest
P = principal
R = Rate
T = Time
6312 = 5000(1 + r*4)
6312 = 5000 + 5000*4r
6312 - 5000 = 20000r
1312 = 20000r
r = 1312 / 20000
r = 0.0656
Rate are calculated in percentage hence we'll multiply it by 100
R = 6.56%
Answer:
4/10 or 2/5
Step-by-step explanation:
9/10-1/2 = 9/10-5/10 = 4/10 = 2/5
Step-by-step explanation:
1. Ok so first we need to figure out how many boxes of shirts he bought. In each box there are 20 shirts and he sold 93. So if we round it, he bought about 100 T-shirts. 100 ÷ 20 = 5. So he bought 5 boxes of shirts.
2. Next we need to figure out how much he spent on the shirts. 5*80=400. So he spent $400 dollars on the shirts.
3. We need to find out the amount of money he made from selling the shirts. 6*93=558
4. We need to find the profit so you subtract the total expenses from the total revenue. 558-400= 158. So the profit is $158
Answer: Mr. Youngbear made 158 dollars worth of profit after selling 93 T-shirts.
(I dont know if this is correct, but I hope I was able to help!)
0.393701 is your answer :)
