Register

A man received 7 per cent interest on a loan of $200 for 1 year. How much interest did he receive? This is making a tad confused, even though i'm sure its easy to solve.

A man received 7 per cent interest on a loan of $200 for 1 year. How much interest did he receive? This is making a tad confused, even though i'm sure its easy to solve.
asked 98.6k views
0 votes
A man received 7 per cent interest on a loan of $200 for 1 year. How much interest did he receive?

This is making a tad confused, even though i'm sure its easy to solve.

A man received 7 per cent interest on a loan of $200 for 1 year. How much interest-example-1
asked
User Coo
by
8.5k points

1 Answer

5 votes
He received $14 because 7% of 200 = 14
answered
User Christopher Rogers
by
8.4k points
← Prev Question Next Question →

Related questions

User Domonic
asked Dec 14, 2024 168k views
What is 20023555 X 119994 squared?? My brain is a tad bit small...
Domonic asked Dec 14, 2024
by Domonic
7.9k points
2 answers
1 vote
168k views
Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!