1.

9 The simple interest on a sum ofer5 years is one-fourth of the sum. What is the rate of interest per annum?

Answer»

Simple Interest = P*R*T/100Let sum be P

Given T = 5, R =?, SI = (1/4)P

Then,SI = P*R*T/100(1/4)P = P*R*5/100100/(4*5) = RR = 5 %

Rate of Interest = 5%



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