Question

In what time will the intrest on a certain sum of money at 6 percentage be 5/8 of itself

Answer 1

Answer: Consider the sum = x .Given that sum of money at 6% be 5/8 of itself.Therefore, S.I = 5x / 8. T = (S.I × 100) / P × R. T = ((5x/8) ×100) / (x × 6) T = (5×100) / (8×6) T = 125/12 T =10(5/12) ( mixed fraction)That is 10 years and 5 months.