a certain sum of money amounts to 5 upon 4 of itself in 5 year find the rate percent per annum?
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Answer:
The rate percent per annum is 5
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Step-by-step explanation:
Let the principal be P, then tunt = 7 5/4 * P
.. SI=Amount-Principal=( 5 4 P-P)= P 4
Rate=( P*100 4* P*5 )=5\%
T = 5yr
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