On a certain sum, the simple interest at the end of 6 1/4 year becomes 3/8
of the sum. The rate of Percentage is:
Answers
Answered by
0
The rate of interest is 6%
Step-by-step explanation:
Let sum be P
The simple interest is 3/8 of the sum.
SI=\dfrac{3}{8}PSI=
8
3
P
Let rate be r%
Time, t=6\dfrac{1}{4}=\dfrac{25}{4}t=6
4
1
=
4
25
years
SI=PrtSI=Prt
\dfrac{3}{8}P=P\times \dfrac{r}{100}\times \dfrac{25}{4}
8
3
P=P×
100
r
×
4
25
r=100\times \dfrac{3}{8}\times \dfrac{4}{25}r=100×
8
3
×
25
4
r=6\%r=6%
#BAL
Please Mark Me Branlyest
Similar questions
Math,
3 hours ago
India Languages,
6 hours ago
English,
8 months ago
Economy,
8 months ago
Biology,
8 months ago