Question

In how much time will simple interest on a sum of money be2/5
th of the sum, at the rate
of 10% per annum.​

Answer 1

Answer:

In 5 years the simple interest be of the principal at 8 percent per annum . Simple interest be of the principal at 8 percent per annum . Therefore in 5 years the simple interest be of the principal at 8 percent per annum .

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Answer 2

Answer:

In 5 years the simple interest be of the principal at 8 percent per annum . Simple interest be of the principal at 8 percent per annum . Therefore in 5 years the simple interest be of the principal at 8 percent per annum .