Question

in what time will the interest on a certain sum of money at 6% be 5/8 of itself

Answer 1

Let the Principal be x
Rate of interest = 6%5
Interest = 5/8 of x = 5/8 * x
A/q,
=> 5/8 * x = (x * 6 * t)/100
=>500/48 = t       [x = x cancelled]
=> t = 10.416 
So, the time for the interest is 10.416 years = 10 years and 5 months (approx)

Answer 2

Answer:

Step-by-step explanation:

Let the Principal be x

Rate of interest = 6%5

Interest = 5/8 of x = 5/8 * x

A/q,

=> 5/8 * x = (x * 6 * t)/100

=>500/48 = t       [x = x cancelled]

=> t = 10.416  

So, the time for the interest is 10.416 years = 10 years and 5 months (approx)