Question

simple interest on a sum of money at the end of 5 years is 4/5 of the sum itself find the rate percent p a​

Answer 1

Answer:

Let Rsx be the sum. Then according to the question, the simple interest will be

5

3

x.

S.I.=

100

P×R×T

5

3x

=

100

x×R×5

R=

5×x×5

3x×100

R=16%