In what time does a sum becomes five times at the simple interest at rate of 5%per annum?
Answers
Answered by
1
Answer:
11% follow me.........
Answered by
0
Answer:
26.66 %
Step-by-step explanation:
SI=
100
P×R×T
, SI
t+15
=
100
P×R×T+15
Let sum= x, Then SI=4x
Rate=
P×T
100×SI
=
15
100×4x
=
15
400
=26.66%
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