Question

If the interest of a money is equal to its one by nine, the rate of interest and time are

equal then find rate of interest is.​

Answer 1

Answer:

R = 10/3

Step-by-step explanation:

Since We Know That

S.I = (P×R×T)/100

Here S.I is Simple Interest

P is Principal

R is Rate

T is time

Acc. To Question

1/9 × P = (P×R×T)/100

1/9 = (R×T)/100

Since R = T

1/9 = T×T / 100

T×T = 100/9 = ( 10 × 10 )/(3 × 3)

T = 10/3

Therefore R = 10/3

Answer 2

Answer:

R = 3.33 %

Step-by-step explanation:

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