Question

The interest of a sum of money is 3/5 of amount in 20 years find the rate percent​

Answer 1

Answer:

let the rate percent is x

if principal amount is y then interest is3y/5

so,x.y.20/100=3y/5

xy/5=3y/5

xy=3y

x=3

Step-by-step explanation:

so the rate of interest is 3%