At what rate of interest per annum will simple interest be half of the principal in
5 years?
Answers
Answer:
let the principal be p A.TQ
Step-by-step explanation:
let the simple interest be S .I =p/2. let rate of interest be R. here time l=5year. we know S.I (P×R×T)/100. p/2=(p.r.s)/100. 1/2SR/100. 100/2=SR. =R=10
here,
- Si is simple interest
- p is principal
- t is time