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A fine for late payment is charged at 1% per day on the money owed. If someone owes £250, how much will the fine be after one day?

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11 Plus (11+) Maths Practice Test: Solving Problems - Money (Very Easy)

11 Plus (11+) Maths Practice Test: Solving Problems - Money (Easy) 


A fine for late payment is charged at 1% per day on the money owed. If someone owes £250, how much will the fine be after one day?





 
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