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after a year jhan"s php,7,000,00 in the bank earned php,630,00 interest what is the rate of interest per year

after a year jhan"s php,7,000,00 in the bank earned php,630,00 interest what is the rate of interest per year

Asked by: Guest | Views: 53
Total answers/comments: 1
Guest [Entry]

"Base= P7 000.00

Percentage= P630.00

Rate= ?

Divide 630 by 7 000

630 ÷ 7 000= 0.09

convert into percent (multiply by 100 or move two decimal points to the right)

9%

:))))))"