Question

In how many years will a sum increase by 33 1/3% of the principal at 5% simple interest per annum

Answer 1

$\huge\underline{\underline{\mathfrak \red{Answer}}}$

❏In simple interest when the time is given in months and days we always need to convert into years. Notes:

(i) When “T' i.e., the time is given in months then it should be divided by 12 to convert into years.

(ii) When “T' i.e., the time is given in days then it should be divided by 365 to convert into years.

Answer 2

Explanation:

Here is your answer

❏In simple interest when the time is given in months and days we always need to convert into years. Notes:

(i) When “T' i.e., the time is given in months then it should be divided by 12 to convert into years.

(ii) When “T' i.e., the time is given in days then it should be divided by 365 to convert into years.