Answer: $787 was originally borrowed.
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the loan.
P represents the principal or amount taken as loan
R represents interest rate
T represents the duration of the loan in years.
From the information given,
Total amount = $1181.05
Interest = total amount - principal
I = 1181.05 - P
R = 15%
T = 1 year
Therefore,
1181.05 - P
Therefore,
1181.05 - P = (P × 15 × 1)/100
1181.05 - P = 0.15P
P + 0.15P = 1181.0
1.5P = 1181.05
P = 1181.05/1.5
P = $787
Answer:
We would save $1.52 cents
Step-by-step explanation:
3 the pencil were at sale for 25 cent
1 pencil = 25 cent/3 =8.33 cent per one pencil
5 the pencil were at sale for 29 cent
1 pencil = 29 cent/5 =5.8 cent per one pencil
If we bought 60 pencil in group of 3 for 25 cent
=60/3= 20 pencil
25cents * 20 pencil = 500 cent per 60 pencil
If we bought 60 pencil in group of 5 for 29 cent
=60/5= 12 pencil
29cents * 12 pencil = 348 cent per 60 pencil
From the analysis, the 5 pencil for 29 cent is cheaper are we are going to save: 500-348= 152 cents
<em><u>should be G : y=2x+1</u></em>