simple interest on a certain sum is 16/25 of the sum. find the rate and time if both are numerically equal
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Answer:
hey please check the answer below.
Step-by-step explanation:
Let sum = x. Then, S.I = `(16x)/25`
Let rate = R % and time = R years.
`:. (x xx R xx R)/(100)`
`= (16x)/25 or R^2 = (1600)/25 R = 40/5 = 8`
:. Rate = 8% and Time = 8 years
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