f.3 maths~plz help me !!

2008-09-28 9:38 pm
23.Mrs. Lee deposits a certain amount of money at a bank. If the interest rate p.a. decreasefrom 4% to 3.75% ,she will get $25 less interest. Find her principal.

回答 (1)

2008-09-28 9:42 pm
✔ 最佳答案
Let principal = P.
Interest at 4% = 0.04P.
Interest at 3.75% = 0.0375P. Therefore,
0.04P - 0.0375P = 25
0.0025P = 25
P = 25/0.0025 = 10000.


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