The simple interest on a sum 9/16 of the principal. What will be the rate of interest per annum if the numerical value of rate of interest is equal to the time period in years?
Answers
Answered by
0
Answer:
Simple interest = 56.25
Principal = ?
Now
Rate of interest and no. Of year are numerically same i.e.
Interest = pnr/100
56.25= 100 x 7.5 x 7.5
Since nothing is given principal is assumed to be 100
Similar questions