in how much time would be simple interest on a certain sum be 0.125 times the principal at 10% per annum
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Answered by
370
Let the principal/sum be x.
Given SI = 0.125 = 1/8 x, R = 10%.
We know that Time = (100 * SI)/(P*R)
= 100 * x/x * 8 * 10
= 5/4 (or) 1 1/4 years.
Given SI = 0.125 = 1/8 x, R = 10%.
We know that Time = (100 * SI)/(P*R)
= 100 * x/x * 8 * 10
= 5/4 (or) 1 1/4 years.
siddhartharao77:
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Answered by
14
Answer:
The time is .
Step-by-step explanation:
Simple interest exists interest calculated on the principal amount of a loan or the original contribution to a savings account. Simple interest does not compound, suggesting that an account holder will only earn interest on the principal, and a borrower will never carry to pay interest on interest already accrued.
Given that,
Interest on a certain sum be 0.125 times the principal at 10% per annum
To find,
in how much time would be the simple interest on a specific sum be 0.125 times the principal at 10% per annum.
Let Sum = x
Then,
Time
Hence, The answer is.
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