Answer:
<h2>
$400</h2>
Step-by-step explanation:
Using the formula for calculating the simple interest expressed as;
Simple Interest = Principal * rate * time/100
Note that the principal is the amount he originally borrowed
I = PRT/100 ............ 1
Amount paid off A = Principal+Interest
A = P+I ............ 2
From equation 2; I = A-P......... 3
Substitute equation 3 into 1;
A-P = PRT/100
Given A = $440, R = 10%, Time = 1year
Substitute the given parameters into the resulting equation;
440 - P = P*10*1/100
440-P = 10P/100
440-P = 0.1P
440 = 0.1P+P
440 = 1.1P
Divide through by 1.1;
1.1P/1.1 = 440/1.1
P = $400
<em>Hence the amount Mr Noel originally borrow is $400</em>
Answer:
2
Step-by-step explanation:
Because it goes into the positives and then comes out to be 2
Answer:
10,000
Step-by-step explanation:
500/0.05= 10,000
You take the amount you are given divided by the decimal form of the percentage you are given to find the answer. It's a reverse from the way you find 5% of 10,000.
0.05=5%
Check your work: 10,000*5%= 500
make 3/12 1/4 and make 2/3 4/6 then find the lcm of those number