Question

5. Simple interest on a sum of money is 16 of the sum. If the rate is 4% per annum,
find the time.​

Answer 1

Answer:

16

9

p=

100

prt

r = 4 \frac{1}{2} = 4.54

2

1

=4.5

\frac{9}{16} p = \frac{p \times 4.5 \times t }{100}

16

9

p=

100

p×4.5×t

t = 12.5 \: years= 12 \frac{1}{2} \: \: years = 12 \: years \: 6 \: monthst=12.5years=12

2

1

years=12