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The simple interest on #300.00 in two years,6 months is #75.00. Find the amount after...

The simple interest on #300.00 in two years,6 months is #75.00. Find the amount after 1 year 6 months?

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Answers (2)

Tomiwafolu
1 month ago
Since S.I. = P 脳 R 脳 T
P = #300
T = 2years six month
R = S.I. 梅 P 脳 T
R => 300 脳 2 脳 6/12 脳 R = 75
=> 300 脳 1 脳 1/1 脳 R = 75
=> 300R = 75
=> R = 75/300 = 15/60 = 3/12 = 1/4

since rate is percent and percent = 100%

1/4 脳 100 = 25%

the simple intrest after a year and six months
300脳 25/100 脳 1 脳 6/12
= 300 脳 1/4 脳 1 脳 1/2
= 150/4
= #37.5
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