Question

The simple interest on a certain sum of money is \frac { 3 }{ 8 } of the sum in 6\frac { 1 }{ 4 } years. Find the rate percent charged.

Answer 1

Answer:

REFER THE IMAGE

OR -

Let P = Rs. 8

S.I = Rs. 3/8 × 8

= Rs. 3

T = 6. ¼ years = 25/4 years

We know that :

R = (100 × I)/(P × T)

= (100 × 3)/(8 × (25/4)) = ((100 × 3)/8 ) × 4/5 = (2 × 3)

= 6%

MARK AS BRAINLIEST IF YOU LIKE MY ANSWER.

MARK AS BRAINLIEST IF YOU LIKE MY ANSWER. And give thanks

Answer 2

Answer:

will you Mark me as a brain list