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

A man earns $112 interest in one year on an investment of $1,400. What was his rate of interest? • 12% • 10% •8%
asked 181k views
1 vote
A man earns $112 interest in one year on an investment of $1,400. What was his rate of interest?

• 12%
• 10%
•8%

asked
User Roctimo
by
7.8k points

1 Answer

3 votes

Answer:

12%

Explanation:

Hope it helps! =D

answered
User Hedley Lamarr
by
7.7k points
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