Simple Interest

How much did you borrow if the interest is ₱366 at an interest rate of 3% for 24 months?

The amount of interest earned on a principal ₱8,100 is ₱4,050 invested at an interest rate of _____% for five years. What is the interest rate?

Calculate the simple interest on ₱5,900 that you borrowed for 12 months at 5% simple interest rate.

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