simple interest on a certain sum at a certain anuualrate of intest is 25/16 of the sumif the numbers respectingrate per cent and time in years be equal,then rate per cent annually is plz tell ans now only I have last point plz say with solution plz don't give irrelevant ans plz
u don't know means its k plz say ans if u know means
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Si= PRT/100
now if sum is 25/16 then si is 25/16 - 1 = 9 /16
and given r = t
so
formula becomes
si = pr^2/100
9/16P = P r^2 /100
r = 30/4 = 7.5 %
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