Question

An amount at some rate of simple intrest becomes 41/40 of itself in 1/4 years, the annual rate of intrest is

Answer 1

Step-by-step explanation:

LET THE THE PRINCIPLE BE 40,000

41/40=X/40,000

40,000*41/40

1,000 * 41

SO THE AMOUNT WILL BE 41,000

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Answer 2

Answer:

Hope it will help yu..