John didnt have money for a game system, so he bought it with his credit card. he paid for it monthly over the course of a year.
The $350.00 game system ended up costing $429, What percentage of the game system price did he pay in interest?
1 answer:
Answer:
percentage of interest = 22.6% (to one decimal place)
Step-by-step explanation:
actual price paid (including interest) = 429, out of which
interest = 429-350 = 79
Percentage of interest out of actual price paid
= 79/429* 100%
= 22.6%
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