Question

The simple interest on a certain sum at a certain rate is 9/16 of the sum. If the number representing rate percent and time in years be equal.find the period?​

Answer 1

Step-by-step explanation:

SI =PNR/100

(9/16)P = PNN÷100

9/16 = N^2 / 100

N^2 = 900÷16

N = 30÷4

= 7.5