Math, asked by nsgriyajuddin, 3 months ago

SI of a sum of money is 3/5 of the sum after 6 yrs . Find R% p.a.

Answers

Answered by ananta5088

1

Let the sum be x. It means that the simple interest is 3x/5.

We know that, the simple interest is given by :

SI=P×R×T/100

R= 100×SI/PT

R=100× 3x/6×x×5

Rate per annum=10%

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