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Mathematics 15 Online
OpenStudy (selena2345):

Sue pays $210 interest for a 1 year loan at 10.5%. What was the size of her loan ?

OpenStudy (ash2326):

@Selena2345 This is similar to your last question/ Did you try it?

OpenStudy (selena2345):

yes

OpenStudy (selena2345):

can you show the work ?

OpenStudy (ash2326):

what did you get?

OpenStudy (selena2345):

can you show the work ? ( Ash2326)

OpenStudy (ash2326):

Let she had borrowed x dollars, interest paid on x in ayear \[I=10.5\% \times x\] here interest =$210 \[210=x\times \frac{10.5}{100}\] Can you find x from this?

OpenStudy (selena2345):

x=20

OpenStudy (ash2326):

it should be 20 *100

OpenStudy (selena2345):

x=2000

OpenStudy (ash2326):

Right :)

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