Simple interest on a certain sum is of the sum. Find the rate per cent and the time if both are numerically equal.
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Answer:
actually the whole question is simple interest on a certain sum is 16/25 of the sum so according to this if solved then the steps to be followed are:
Step-by-step explanation:
according to the question let the time and rate percent is equals to R.
then time = R years
rate of interest = R%
let the Principal = x
S.I = 16/25x
16/25 x= P×R×T/100
=>16x/25= X×R×R/100
16x/25 = x * R * R/100
16x/25 = xR^2/100
16/25 = R^2/100
1600 = 25R^2
1600/25 = R^2
64 = R^2
R = 8.
therefore the time and rate of interest is8 yrs and 8 % respectively.
hope you are satisfied with the answer...
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