Question

In what time would the simple interest on a certain sum be 0.125 times principal at 10%annum

Answer 1

Let principal be x
Given interest=0.125x
Rate=10%

Time=(100×I)÷(R×P)

=(100×0.125x)÷(10×x)

=12.5÷10

=1.25 years=1 1/4 years= 1 year 3 months

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