Math, asked by shereikajohnson2, 1 day ago

The simple interest on $160 for 6 months at 5% per annum is?​

Answers

Answered by pavan1366
3

Step-by-step explanation:

simple interest =5% per annum

for 6 months =5%/2= 2.5%

SI for 160 at 2.5% will be 160*2.5/100=4$

Answered by ashutosh023
4

Answer:

P = $160

R = 5%

T = 6 months = 6/12 = 1/2 year

Simple Interest =

 \frac{p \times r \times t }{100}  \\  \\  \frac{160 \times 5 \times \frac{1}{2}  }{100} \\  \\  \frac{160 \times 5 \times 1}{200 }  \\  \\

4 $ is the correct answer of your question

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