Math, asked by kratikaguptak06, 10 months ago

if simple interest on certain amount is 2/5 of the sum in 1 year and 9 months find the rate percent per annum of interest?

Answers

Answered by sebastiansanford

Answer:If you receiver \$9 as interest, find the time for which the money stayed at the bank. ... STEP 1: Convert interest rate of 1.2% per month into rate per year. .... Find the interest earned and the amount at the end of those 3 years? ... Example 3: You deposit some money into a bank account paying 4% simple interest per year.

Step-by-step explanation:

Answered by amitraja26

R = 2/5 x100*4/7.........

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