Question

Please help me with #5
Simple Interest: formula I=PRT
P=$ or principal
R=%
T=time(in years-divide by 12 if given months)
“Any absurd answers will be reported”

Answer 1

The answer is C, 25% increase. To find the increase, subtract starting value (780) from the final value (975). It equals out to be 195. Divide 195 by the starting value which turns out to be 0.25. Then, multiply 0.25 by 100 which equals out to be 25.