Question

In how many years will the simple interest on a sum of money be equal to the principal at the rate of 50/3% per annum?​

Answer 1

si =ptr /100

• here t is years r is rate of interest given 50/3percentage
• p is principle

here given

p=(p*r*50/3)/100. (p ,,,p get cancel)

100*3=50*r

r=6

after 6years principle is equal to rate of interest