Engineering Economics
Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest?

23.5 %
24.7 %
25.0 %
25.8 %

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Engineering Economics
Current ratio is:

(Current assets + loans)/Current liabilities
None of these
(Current assets + loans advances)/Current liabilities
Current assets/Current liabilities

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