Math, asked by Looser11, 1 year ago

A sum of money become 8\5 of itself in 5 years at a certain rate of simple interest. Find the rate of interest.

Answers

Answered by MANKOTIA
3
Rate =(8/5-1)×100]/5
=3/5×100)/5
=3×20)/5
=3×4
=12%
Answered by Anonymous
2

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