Question

If the rate of interest of 8% per annum earns an intrest of two-fifth of the prinicipal , find the time period.​

Answer 1

Answer:

In 5 years  the simple interest be   of the principal at 8 percent per annum .

Step-by-step explanation:

Formula

As given

Simple interest be  of the principal at 8 percent per annum .

Rate = 8%

Putting all the values in the formula

Time = 5 years

Therefore in 5 years  the simple interest be   of the principal at 8 percent per annum .