Simple interest is a method of calculating interest on an amount for n period of time with a rate of interest of r. The principal at the end of 3 years is $248.
<h3>What is simple interest?</h3>
Simple interest is a method of calculating interest on an amount for n period of time with a rate of interest of r. It is calculated with the help of the formula,
SI = (P × R × T)/100
where SI is the simple interest, P is the principal amount, R is the rate of interest, and T is the time period.
The principal at the end of 3 years is,
Principal after 3 years = P + (P × R × T)
= $200 + ($200 × 0.08 × 3)
= $200 + $48
= $248
Hence, the principal at the end of 3 years is $248.
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Answer:
b
Step-by-step explanation:
4 people = 480 grams of pasta
1 person = 480 ÷ 4 = 120 grams of pasta
14 people = 120 x 14 = 1680 grams of pasta
1680g = 1680 ÷ 1000 = 1.68 kg
Answer: 1.68 kg of pasta
Let the number of hours be x.
70 + 80x < 100x
20x > 70
x > 3.5