Question

At what rate of interest per annum will the simple interest on a sum of money be 25% of the
principal in 5 years?
A5%
B
4.5%
C4%
D 10%

Answer 1

Step-by-step explanation:

Let sum = x

Time = 10 years.

S.I = 2x /5, [as per question]

Rate =( (100 * 2x) / (x*5*10))%

=> Rate = 4%

Answer 2

Step-by-step explanation:

5% is the answer not

4

percent