Question

if simple interest on certain sum of money is rs 256 and the rate of interest per annum equals the number of years,then the rate of interest is?​

Answer 1

Answer:

P×R×T ÷100

265×10×10÷100=265

Answer 2

Answer:

Rate of interest is dependent upon Sum

Step-by-step explanation:

simple interest on certain sum of money is rs 256

Let say Certain Sum = P

Let the rate of interest per annum equals the number of years  = R

Simple Interest = Sum * Rate of interest * Time /100

=> 256 = P * R *  R /100

=> P * R² = 25600

Here to find Rate of interest we need to have value of Sum P

P = 100   R  = 16

P = 400  R =   8

P = 1600  R = 4

P = 6400 R = 2

P = 25600 R = 1

Rate of interest is dependent upon Sum