If Rs 1 becomes Rs 9 in 60 yr at simple interest. Find the rate Per cent per annum.
Answers
Answered by
3
Answer:
- 1 becomes 9
- i.e., 8 have added jn 60yrs
- for 1 yr it will be 8/60=0.133% per annum
Answered by
4
Answer:
initial amount = 1
final amount = 9
simple interest = 9-1
=8
Si = pnr/100
8 = 1* 60* r / 100
r = 8* 100 / 60
= 40/3 or 13*1/3
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