Question

In how many years the interest will be 3/5th of principal at the rate of interest 10% simple interest per annum?

Answer 1

HEY Buddy....!! here is ur answer

Given that : Rate of interest = 10%

Let, time = t and Principal = p

According to the question :

$S.I. = \frac{p \times t \times r}{100} \\ \\ = > \frac{3}{5}p = \frac{p \times t \times 10}{100} \\ \\ = > t = 6$

So, in 6 years Simple Interest will be 3/5th of the Principal.

I hope it will be helpful for you....!!

THANK YOU ✌️✌️