Interest=percent times rate(in years) times principal.
Or I=PRT
So you invest $580 so I=$580 Rate would be .10 and time would be 1 for one year. So if you put this into the formula you get
$580=P(.65)(1)
So $580=.65P so $580/.65=P so P is approximately $892.31 per year.
Answer:
The selling price would be Rs 52.5
Step-by-step explanation:
Rs 50 is the actual cost and the 5% profit will amount to Rs 2.5 (50*5%) so total total sales price would be Rs 52.5( Rs 50 + Rs 2.5)
Another way to calculate is (Rs 50 * 1.05) = 52.5
You’re right, the answer is 100 grams.
