If rs 7500 invested at the rate of 6% per annum simple interest amounts to rs 8500. Find the time period
Answers
Step-by-step explanation:
Given
Principal-₹7500
Rate- 6% p.a.
Amount- ₹8500
Find
Time??
Solution
Amount = P × R × T + P
100
let time be x
8500 = (7500×6×x/100) + 7500
8500 = (75×6×x) + 7500
8500 = 450x + 7500
8500-7500 = 450x
1000 = 450x
1000/450 = x
2(1/2)years
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A bowling alley and a skating rink both offer birthday party rentals. The bowling alley costs $5 per person plus a $15 room rental fee. The skating rink costs $3 per person plus a $20 room rental fee. You have $50. If you want to invite as many people as possible, which location should you choose?
Follow the steps to decide on the party location.
1. Write an expression for the amount you would spend on a birthday party at the bowling alley. Let x represent the number of people you invite.
Write your answer in the space below.
2. Write an expression for the amount you would spend on a birthday party at the skating rink.
Write your answer in the space below.
3. How many people could you invite to the bowling alley? Show how you found your answer.
Write your answer in the space below.
4. How many people could you invite to the skating rink? Show your work.
Write your answer in the space below.
5. To which location could you afford to invite more people?
Write your answer in the space below.