at what rate of the interest will the simple interest be half of the principal in 5 years?
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Here is your answer
Let principal be X
Simple interest = X/2
T = 5 years. Let Rate of interest = R
R = SI x 100/(P x T)
= X x 100 / (X x 5)
= 50%
Rate of interest = 50% Answer
Hope it helps you
Let principal be X
Simple interest = X/2
T = 5 years. Let Rate of interest = R
R = SI x 100/(P x T)
= X x 100 / (X x 5)
= 50%
Rate of interest = 50% Answer
Hope it helps you
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0
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