Question

Please help

Answer 1

@mayankdevnani

Answer 2

Suppose interest rate is `x%`
He borrowed $4000(loan)
So,after 3 years,
he'll pay 3*x%=3x% of the loan

Answer 3

22.52252

Answer 4

23%

Answer 5

wait! wait!
i made a typo

Answer 6

S.I.= P. x R x T÷ 100

Answer 7

after 3 years, he'll have to pay borrowed money+interest money,
so 3x+100=103x %

Answer 8

4000=(5920xRate x3 years )÷ 100

Answer 9

solve for x

Answer 10

what do you to get x, im confused on how to get it :/

Answer 11

do*

Answer 12

x is interest percent, i supposed it

Answer 13

you gotta find x i.e interest percent

Answer 14

@mayankdevnani what is your answer

Answer 15

i got 16%

Answer 16

OK. But mine is 23%

Answer 17

yah thats what i was asking, idk how to get X when its like this, 103x×4000=5920. how do i get X when its like this?

Answer 18

ohk !

Answer 19

ok i see now

Answer 20

Suppose interest rate is x% per year.
So after 3 years, we get 3x%
But he'll pay borrowed money+interested money,
so total interest rate after 3 years will be
100%+3x%=(100+3x)%

therefore,we get
(100+3x)% * 4000=5920

Answer 21

\[\large \bf \frac{100+3x}{100} \times 4000=5920\]
\[\large \bf (100+3x) \times 40=5920\]
\[\large \bf 100+3x=148\]
\[\large \bf 3x=48\]
\[\large \bf x=16\]

Answer 22

so option B would be correct :)

Answer 23

ok got it thanks for explaing :)

Answer 24

np !