Answer: 21
Step-by-step explanation:
we have two simple equations:
1) 70=100%
2) x=30%
where left sides of both of them have the same units, and both right sides have the same units, so we can do something like that:
70/x=100%/30%
6. Now we just have to solve the simple equation, and we will get the solution we are looking for.
7. Solution for what is 30% of 70
70/x=100/30
(70/x)*x=(100/30)*x - we multiply both sides of the equation by
70=3.33333333333*x - we divide both sides of the equation by (3.33333333333) to get x
70/3.33333333333=x
The fore, the answer is 21
Answer:
the answer is 2>am sorry if wrong
Answer:
Simple interest is calculated using initial principle while compound interest is calculated considering the interest also .
Step-by-step explanation:
Interest is the cost of borrowing money, where the borrower pays a fee to the lender for using his money. The interest, typically expressed as a percentage, can either be compounded or simple .
Simple interest is based on the principal amount , while compound interest is based on the principal amount and the interest that adds onto it in every period and the final principle is used for calculating the interest.
Simple interest is calculated on the principal amount of a loan and it's easier to find out than compound interest.