simple interest on a certain sum is 16/25 of the sum. find the rate and time if both are numerically equal {HINT = ( T=R) P = x S.I = 16/25 x)
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▪ Simple Interest on a certain sum is 16/25 of the sum. Find the rate and time of both are numerically equal.
▪ Simple Interest on a certain sum is 16/25 of the sum...
• let the sum be Rs. x
• simple interest = Rs. (16/25)x
it's given in the question that.....
Rate and Time are numerically equal
so , let us assume...
• Rate (R) = a % p.a.
• Time ( T ) = a years
☆ Simple Interest ( S. I. )
where,
¤ P = Principal
¤ R = Rate
¤ T = Time
substituting the above assumed values in the formula.....
therefore,
☆ Rate = 8% p.a.
☆ Time = 8 years
Answered by
1
Answer:
Time =8 years
Rate =8%
Step-by-step explanation:
Simple Interest on a certain sum is 16/25 of the sum
let the sum be Rs. x
Simple interest = Rs. (16/25)x
it's given in the question that
Rate and Time are numerically equal
so , let us assume...
Rate (R) = a % p.a.
Time ( T ) = a years
SI=P*T*R/100
16/25x=x*a*a/100
16/25=a^2/100
a^2=16
a=8
Time =a =8 years
Rate =a =8%
Hope u like my answer :)
therefore,
☆ Rate = 8% p.a.
☆ Time = 8 years
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