Question

1. The interest on a certain sum of money is 0-24
times of itself in 3 years. Find the rate of
interest.
2. If 3,750 amount to 4,620 in 3 years at
simple interest. Find :
(i) the rate of interest.
(ii) the amount of 7,500 in 5 2 years at the
same rate of interest.
3. A sum of money, lent out at simple interest,
doubles itself in 8 years. Find :
(i) the rate of interest.
(ii) in how many years will the sum become
triple (three times) of itself at the same rate
percent?
152​

Answer 1

Step-by-step explanation:

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