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A man earns $112 interest in one year on an investment of $1,400. What was his rate of interest? a-8% b-10% c-12%

A man earns $112 interest in one year on an investment of $1,400. What was his rate of interest? a-8% b-10% c-12%
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A man earns $112 interest in one year on an investment of $1,400. What was his rate of interest?

a-8%
b-10%
c-12%

asked
User Evyn
by
8.9k points

1 Answer

4 votes
His rate of interest is 8%
answered
User Zerokavn
by
8.1k points
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