at simple interest a sum becomes of itself in 5 years. the rate of. the rate of interest percent per annum is??PLZ WRITE FULL PROCESS
Answers
Answered by
0
Answer:
pls make me brainpisy i willtell
Answered by
1
According to given condition the 2/5 or (2*100)/5 or 40% simple interest has been received on principal amount in 5 years. Rate of interest per year or annually will be 40/5 = 8%.
Similar questions