in how much time would the simple interest on a certain sum be 1/6 of the principal at 5% per annum
Answers
Answered by
2
Answer:
3.33 years
Step-by-step explanation:
solution ,
Let , the principal be x
According to the question;
Rate ( R ) = 5 % per annum
We know that ,
Now ,
Equating both equations
Answered by
3
Answer:
See in the attachment.
Step-by-step explanation:
P = Principal
r = rate of interest
t = time
I = simple Interest.
Attachments:
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