sum
А
of money becomes 7/5 of it
self in
rate of simple interest. Find the
5 years at a certain
percent.
rate
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Answers
Answered by
3
Step-by-step explanation:
Let,
The sum of money be Rs x.
Now,Amount got after 5 years =Rs7/5 x
Therefore,
Simple interest = Rs (7/5 x - x)
= Rs 2/5 x
Let,rate of interest be r % p.a.
By the Condition,
2/5 x=( x × 5 × r )/100
r = (100 × 2)/25
r = 8 % p.a.
Hope it will help you........
Answered by
2
Step-by-step explanation:
ohk.............
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