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Author Question: What is the difference between the exact simple interest and the ordinary simple interest on a ... (Read 92 times)

Kthamas

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on: Jun 24, 2018
What is the difference between the exact simple interest and the ordinary simple interest on a 200-day loan of 5,000 at 12?
 A) 15.65
  B) 14.16
  C) 6.56
  D) 4.56

Question 2

What is the exact simple interest on a 150-day loan of 2,350 at 10?
 A) 96.58
  B) 58.67
  C) 28.20
  D) 9.66


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kishoreddi

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Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

A


Kthamas

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

mcabuhat

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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