26.A man borrowed P20,000 and promised to pay an amount of P21,500 with simple interest of 20%. How many days did charge to him to pay his debt? O a.P120 days b.135 days O c.168days O d.245 days
26.A man borrowed P20,000 and promised to pay an amount of P21,500 with simple interest of 20%. How many days did charge to him to pay his debt? O a.P120 days b.135 days O c.168days O d.245 days
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Provide a complete solution and answer for the given problem in the attached image.

Transcribed Image Text:26.A man borrowed P20,000 and promised to pay an amount of P21,500 with
simple interest of 20%.
How many days did charge to him to pay his debt?
a.P120 days
b.135 days.
c.168days
d.245 days
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