at what rate of simple interest in 4years a sum of money will became foru times the principal
Answers
Answered by
2
Step-by-step explanation:
let Principle be x
then amt.=4x
SI=3x
AtoQ.
PTR/100=SI
x×4×R/100=3x
=xR/25=3x
xR/x=3×25
R=75%
Answered by
0
Answer:
75%
Step-by-step explanation:
let the principal be 100
so four times of the principal = 400
so money needs to become 400 in 4 years
so simple interest= 400-100= 300
SI=PRT/100
R=SI*100/PT
rate of interest = 300*100/100*4
=75%
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