If the simple interest on a certain sum is 5/20 of the sum at the rate of 5%, find the time.
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Answer:
Time = 5years.
Step-by-step explanation:
Let the p be x and time be t.
so SI = 5x/20
Time = SI × 100 / P × R
= 5x × 100 / x × 20 × 5
= 100x / 100x
= 1
Now SI was 5/20 of the sum.
So now time = 5×1 = 5years
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