Question

2. If simple interest is equal to half of principal at the rate of 5% per annum then Time=____
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Answer 1

next week time give options

Answer 2

Given : simple interest is equal to half of principal at the rate of 5% per annum

To Find : Time

Solution:

Let say principal =  P

simple interest is equal to half of principal

=> Simple interest = P/2

Rate of interest  R = 5 % per annum

Time = T

SI = P * R * T /100

=> P/2  = P * 5 * T /100

=>  50 = 5T

=> T = 10

Time = 10 Years

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