ngozikandumele ngozikandumele

03-04-2021
Mathematics

contestada

if a man got 10 Naira at the end of 6 months as interest on a loan of 375 naira,what rate of interest was charged

Respuesta :

swekshyakarna738 swekshyakarna738

03-04-2021

Answer:

5.33% rate

Step-by-step explanation:

so here the principle(P) is 375 Naira

time(T) = 1/2 (half year)

Interest (I)= 10 Naira

rate (R)= ?

we have a formula

I =(PTR)/100

or, R =(I×100)/(PT) = (10×100)/(375×0.5)= 5.33%

Answer Link

Otras preguntas

Religious and cultural toleration were encouraged in which Muslim empire? A. Safavid Empire B. Mughal Empire C. Ottoman Empire

what is the control center of a cell?

The condensation of _____ formed the early oceans. It is an important part of the water cycle. meteorites water vapor living organisms nitrogen

Why are leaves green?

During whose administration was VISTA implemented? Answer John F. Kennedy Lyndon B. Johnson Harry S. Truman Dwight D. Eisenhower

if i cut 4.75foot lengths of twine from a 240 foot spool of twine and i need to cut 42would 40.5 feet of twine be left?

Which words in the sentence are the adjective clause? Laura, whose talent is obvious, can play the oboe and the piano. A. the oboe and the piano B. Laura, whose

The electrons generated from the Krebs cycle are transferred to ____________ and then are _______________.

how many miles did greek sailors travel between athens and naples

Mark each statement if it correctly describes a Hindu belief about the sacred powers of the Ganges. A. By bathing in the Ganges, Hindus can cleanse themselves o