A customer paid $247.13 in interest on a loan of $950.50. What is the percentage of interest paid?

6 answers

100(247.13/950) = ?
A customer paid $247.13 in interest on a loan of $950.50. What is the percentage of interest paid?
15
A customer paid $247.13 in interest on a loan of $950.50. What is the percentage of interest paid?
26%
26