at simple interest a sum becomes of sum itself in 5 years the rate of sum interest percent per annum
Answers
Answered by
0
Step-by-step explanation:
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
Science,
14 hours ago
Math,
14 hours ago
Social Sciences,
14 hours ago
History,
1 day ago
Physics,
8 months ago
Social Sciences,
8 months ago