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Mathematics

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A man received 7 per cent interest on a loan of $200 for 1 year. How much interest did he receive?

This is making a tad confused, even though i'm sure its easy to solve.

A Man Received 7 Per Cent Interest On A Loan Of 200 For 1 Year How Much Interest Did He Receive This Is Making A Tad Confused Even Though Im Sure Its Easy To So class=

Answer :

TheSmartpencilgo TheSmartpencilgo

He received $14 because 7% of 200 = 14

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