exam Maths Puzzle Numerical Ability

PLEASE SOMEONE HELP ME?
Business and finance. Kevin earned $165 interest for 1 year on an investment of
$1500. At the same rate, what amount of interest would be earned by an investment of $2500?

Read Solution (Total 1)

ans>$275
i=p*t*r/100
165=1500*1*r/100
r=165/15=11
now
i=2500*1*11/100
i=$275
9 years agoHelpfull: Yes(0) No(0)

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