Mathematics 4024 · O Level · Rates

Rates — practice question

(a)[1]

Calculate the simple interest earned on $\$200$ for $3$ years at $4\%$ per year.

(b)[1]

Two brothers divide $\$200$ in the ratio $2:3$. Calculate the bigger share.

Worked solution & mark scheme

This 2-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Correct result $24$.” …