Give stream of consciousness and then the final answer. A bank lent $250 to a customer for a one-month loan. At the end of the month, the bank received y dollars more than than the amount that was lent due to interest. The bank also charged a service fee $5. In terms of y, what fraction of the amount that the bank received was the service fee?\nOptions:\n(A) 5/(255+y) \n(B) 5y-1\n(C) 5y/(250-y) \n(D) 5/(250-y) \n(E) 5y-250
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The amount of money the bank received was (250 + 5+ y) dollars. The $5 service fee as a fraction of the amount received was, therefore, 5/(255+y).
The final answer: (A).
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