Math, asked by prakashkumbar02, 1 day ago

DI 55) At what annual rate of simple interest a 10 -year interest of a money will be 2/5 of that money?

Answers

Answered by sdrrv

0

Answer:

4%

Step-by-step explanation:

Let Principal amount is X

according to question 10 years later Principal amount will be 2/5 so ,

2X / 5 = (X * R * T) /100

2X / 5 = (X * R * 10) /100

R = 4%

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