Question

If time is equal to rate% and interest is equal to principle. What is rate % ?

Answer 1

Answer:

$i = \frac{prt}{100}$

$i = \frac{i {t}^{2}}{100}$(it is given i=p and r=t)

$100i = i {t}^{2}$

$\frac{100i}{i} = {t}^{2}$

${t}^{2} = 100$

$t = \sqrt{100}$

$t = 10$

$r = 10\%$

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