We all know, savings account have "Compound Interest"
So, Here, On $100 deposit, amount of Interest = $12
So, for $50, it would be: $6
Then, for $300, it is: $36
b) If you deposit $200, then balance after 1 year,
A = P(1 + r)^t
A = 200(1 + 0.03)^1
A = 200(1.03)
A = $206
Now, Balance with $150
A = 150 (1 + 0.03)^1
A = 150(1.03)
A = 154.5
Difference = 206 - 154.5 = $51.5
In short, Your Answer would be: $51.5
Hope this helps!
Answer:
The gain percent made by shopkeeper is 10.5%.
Step-by-step explanation:
Given:
Price at which goods are marked = 30%
Discount on the marked price = 15%
To Find:
Gain percentage of the shopkeeper
Solution:
Let the cost price of the product be = 100
Therefore,
MP = 30 + 100 = 130
Since discount is 15%. thus -
Discount = 15/100 x 130
= 19.5
Selling price = MP - Discount
SP = 130 - 19.5
= 110.5
Profit = SP - CP
= 110.5 - 100
= 10.5
Calculating the gain%
Gain% = 10.5/100 x 100
= 10.5
Answer: The gain percent made by shopkeeper is 10.5%.
Answer:
8
Step-by-step explanation:
4 different shirts would be 4 combinations. You can have one of each of the jeans on the mannequin, giving 4x2=8.
Answer:
Step-by-step explanation:
(x-15)²=10
x-15=±√10
x=15±√10
or x=15+√10
and x=15-√10