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شائع Word Problems >

how long will an amount of Php 20000 earn a simple interest of Php 3000 if the interest rate is 6% per year

الحلّ

h o w l o n g w i ll an am o u n t o f P h p 20000 e a r n a s im pl e in t eres t o f P h p 3000 i f t h e in t eres t r a t e i s 6% p er ye a r

الحلّ

Time : 2 \frac{1}{2}

خطوات الحلّ

Translate the problem into an equation:

3000 = 20000 \cdot 0.06 t

3000 = 20000 \cdot 0.06 t, t

حلّ لـ:

t = 2 \frac{1}{2}

Time : 2 \frac{1}{2}

أمثلة شائعة

Pamela invested ₱20,000 at 8% simple interest for 10 years. How much is the interest earned by Pamela in 10 years?Jeff takes out a \dollar1,200 loan for five years with an interest rate of 8%. How much interest will be due at the end of five years?if linda paid php 980 in interest at 0.14 for 2 years how much did she borrowed Nick put \dollar600 in an investment and after two years received \dollar840. What was the interest rate?How long does it take an investment of \dollar15,000 with an interest rate of 4% to become \dollar20,000?