Answer:
5.5%
Step-by-step explanation:
Given data
Simple interest = $137.50
Principal= $500
time = 5 years
We want to find the rate R
Simple interest= PRT/100
137.50 = 500*R*5/100
137.50=2500R/100
cross multiply
137.5*100= 2500R
13750= 2500R
divide both sides by 2500
R= 13750/2500
R=5.5%
Hence the rate is 5.5%
Step-by-step explanation:
<h3> new numbers are x+4 and x-1</h3>
so, x+4/x-1=11/16
16x+64=11x-11
16x-11x=-11-64
5x=-75
x = -15
also, x+1 = -14