Question

EASY POINTS!

If you borrow $150 from your parents and one year later, they ask you to repay $200, what percent interest are they charging you?
250%
33.3%
71%
71.3%

Answer 1

33.3% I think

Explanation:

Correct me if I'm wrong

200-150=50

150x33.3%=49.95

49.95+150=195.95

Close enough? nothing else works and 33.4% is over.

Answer 2

33.3%

Explanation:

they're charging u 50 more

50 is 1/3 of 150 and 1/3 to percentage form is 33.3%