At what rate percent simple interest will be half the principle in 25 years
Answers
Answered by
3
let the principle be x
S.I. =x/2
Time =25 yrs
Let rate be r℅
S.I.=p×r×t/100
x/2=x×r×25/100
x/2×1/x=r/4
1/2=r /4
r=1/2×4
=2℅
S.I. =x/2
Time =25 yrs
Let rate be r℅
S.I.=p×r×t/100
x/2=x×r×25/100
x/2×1/x=r/4
1/2=r /4
r=1/2×4
=2℅
Answered by
0
Answer=2%p.a.
STEP BY STEP EXPLAINATION
Simple lnterest=P*R*T/100
Given simple Interest will be half of principal
P/2=P*R*20/100
1/2=R/4
R=1/2*4
=2%p.a.
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