Question

At what rate percent, simple interest will be half the principal in 25 years? solve the full answer​

Answer 1

Answer:

4%

Step-by-step explanation:

Let the principal be P

Then, according to the question let the simple interest be S.I= P/2

Let rate of interest be r

Here time, t= 5 years

We know, S.I = P * r * t/100

=> P/2= P * r * 25/100

=> R= 4

Hence the rate of interest would be 4%

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Answer 2

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