Question

In how many years the simple interest of any principal at the rate of 4% will be 2/5 its principal

Answer 1

Answer:

76 ...,.............

Answer 2

Answer:

Step-by-step explanations

Let principal be 100

Now said that SI is 2/5 of principal

100*2/5=40

SI= p*r*t/100

40=100*4*T/100

40=4*T

T= 10 years