at what rate of interest per annum will simple interest be half of the principal in 5 years
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3
Answer:
10%.
Step-by-step explanation:
- Let the principle be x.
- So SI = x/2.
- Time = 5 years.
Rate = ( SI x 100 ) /(P x T )
= x/2 × 100 × 1/x × 1/5 = 10%.
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2
Answer:
Step-by-step explanation:
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