document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1023754>Question 1023754</A>: <I><SPAN STYLE=\"word-break: break-all;\"> You have invested $250 on the stock market. And have a value rather of $280 after 6 months. What simple interest did your investment cash?( express your answer in percentage) </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #639271 by </B><A HREF=/tutors/aboutme.mpl?userid=fractalier><B>fractalier(6550)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=fractalier><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=fractalier><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=639271\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Your interest was $30 on a principal of $250.<BR>\n" );
document.write( "The formula for simple interest is<BR>\n" );
document.write( "I = Prt<BR>\n" );
document.write( "Here we look for rate, r.  So for a time of half a year,<BR>\n" );
document.write( "r = I/(Pt) = $30/(250*.5) = 24% interest </SPAN>\n" );
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