a sum of money becomes 4/3 of itself in 6 years at a certain rate of simple interest. find the rate of interest?
Answers
Answered by
2
hi the answer is in the above image
Attachments:
Answered by
1
Answer:
Step-by-step explanation: Let the principal be RS.x
Given time= 5 years
Therefore SI= amount-p
=8x/5-p
=8x/5-c
=8x-5x/5
=3x/5
SI=P*R*T/100
3x/5=x*R*5/100
60x= 5xR
60x/5x=R
R=12%p.a
Similar questions