Interest on a sum of money at the end of 5 year is 4 by 5 of the sum itself find the rate percent per annum
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Answers
Answered by
83
let principal be P
time = 5 year
simple interest = 4/5p
P×R×T/100 = 4/5p
= P×R×5/100 = 4/5p
R = 4/5 × 100/5
= 16%
Answered by
40
Hello Friend..❤️❤️
Ans
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Let,
Principal = P
Time = 5 years
Simple interest = 4/5 P
R = 4/5 × 100/5
=16%
so
required answer is 16
Thank you..☺️☺️
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