at what rate if interest per annum will simple interest be half of the principal in 5 years
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Answered by
5
let p is the principal r is the rate and t is the time
SI=P x r x t/100
according to question
SI=P/2 in 5 years
P/2=P x r x 5 /100
r=10%
SI=P x r x t/100
according to question
SI=P/2 in 5 years
P/2=P x r x 5 /100
r=10%
Answered by
0
let the principal =P = Rs x
time = T =5 yr
simple interest (I) = x/2
rate of interest = R
I= PTR/100
R = (100*I)/PT
R =(100*x)/(2*x*5)
R =10%
time = T =5 yr
simple interest (I) = x/2
rate of interest = R
I= PTR/100
R = (100*I)/PT
R =(100*x)/(2*x*5)
R =10%
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