I=PRT
I=Interest
P=principal
R=rate in decimal
T=time in years
1year=12months
72months/12months=6 years
t=6
given
I=8925
P=35000
R=r
T=6
8925=35000*r*6
8925=210000*r
divide both sides by 210000
0.0425=r
the interest rate is 4.25%
Answer:
n is equal to 26
Step-by-step explanation:
Equation: n+ n + (n+2) +(n+2) = 108
so: 2n + 2(n+2) = 108
2n + 2n + 4 = 108
4n + 4 = 108
4n = 108 - 4
4n = 104
n = 104/4
n = 26
Answer:
15%
Step-by-step explanation:
The first step is to find the loss
Cost price -selling price
37000-31450
= 5,550
The loss percent can be calculated as follows
= loss/cost price × 100
= 5550/37000 × 100
= 0.15×100
= 15%
Hence the loss percent is 15%
When dividing two fractions, it is important to know to multiply the first fraction by the reciprocal of the second fraction.
Reciprocal means basically a flipped fraction. 2/3 as a reciprocal is 3/2, etc.
1/3 / 1/2= 1/3 x 2/1=2/3
