JanzelX165855 JanzelX165855
  • 28-10-2022
  • Mathematics
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TamsynN606035 TamsynN606035
  • 28-10-2022

Given:

[tex]\text{Simple interest =}\frac{P\times R\times T}{100}[/tex]

Where,

[tex]\begin{gathered} P=\text{ Principal } \\ R=\text{ rate of interest} \\ T=\text{ time} \end{gathered}[/tex][tex]\begin{gathered} \text{ Simple interest =}\frac{70000\times7.5\times30}{100} \\ =700\times7.5\times30 \\ =157500 \end{gathered}[/tex]

Gloria will pay $157500.

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