1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Shkiper50 [21]
2 years ago
10

A sum of money becomes 8/5 of itself in 5 years at a certain rate of simple interest. Find the rate of interest???​

Mathematics
2 answers:
Lesechka [4]2 years ago
7 0

Answer : 12%

explanation :

Let the sum of money be P(which is the principal value) and rate of interest be R.

According to the question,

Amount (principal +simple interest) = 8P/5

Time (T) = 5 years

Simple interest (SI) = PRT/100

SI = 5PR/100

Amount = P +SI

8P/5 = P+(5PR/100)

8P/5 = P(100+5R)/100

160 = 100 +5R

5R =60

R = 12

Therefore, rate of interest = 12% p.a.

pogonyaev2 years ago
3 0
The rate of intrest is 5 because i said so
You might be interested in
What is the scale factor of the following dilation DO,K (9,6) → (3, 2)
Mars2501 [29]

(9,6)

-------- = (3,2)

3

This means that the dilation of (9, 6) to (3, 2) is (1/3(x), 1/3(y))

⭐ Answered by Hyperrspace (Ace) ⭐

⭐ Brainliest would be appreciated, I'm trying to reach genius! ⭐

⭐ If you have questions, leave a comment, I'm happy to help! ⭐

4 0
3 years ago
How can you check to see if two fractions are equivalent please explain
Wewaii [24]

Answer:

cross multiply and they should equal the same

Step-by-step explanation:

4 0
3 years ago
Is that correct ????
Travka [436]
Yes I believe it is :)
7 0
3 years ago
Write the equation of the line that passes through (0, 3) and is parallel to the line 3x + 5y = 6.
Sunny_sXe [5.5K]
There's more ways than one to solve this, just as there's more ways than one to skin a cat.

Two paralle lines have the same slope, so the desired new line looks exactly like the given line 3x + 5y = 6, except that the constant, 6, is replaced by another value.

Write out 3x + 5y = c
Replace x with 0 and y with 3.  Then 3(0) + 5(3) = c, and c = 15.

Thus, the equation of the new, parallel, line is 3x + 5y = 15.
7 0
3 years ago
Help me if you can please
Luden [163]

Answer:

the question is not visible

8 0
2 years ago
Other questions:
  • What is 1.588 x 10^-1 in standord form
    8·1 answer
  • Based on the graph below, what is f(-1)? <br><br><br> 4 <br> 0 <br> 1 <br> -4
    6·1 answer
  • The equation of the graphed line is 2x - y = -6.
    15·1 answer
  • Nikki ate 1/4 of a pizza. The pizza had more than 4 slices. Wich fraction also describes how much of the pizza Nikki could have
    5·2 answers
  • 7g + 4g + 3g − 13g + g = 10 please help!!
    9·2 answers
  • How much simple interest would Kaitlin earn on $300 at 6% for 3 months?
    5·2 answers
  • If the item regularly cost d dollars and is discounted 20 percent which of the following represents discount price dollar
    13·1 answer
  • (10 POINTS) Rectangle ABCD is dilated with center at (0, 0) and scale factor 2. Select the three statements that are true about
    14·1 answer
  • I need help and an explanation, i dont quite get it
    9·1 answer
  • Help plez its due in 30 mins ._.
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!