Question

The simple interest on a sum of 5 years is one-fourth of the sum. What is the rate of interest per annum​

Answer 1

Answer:

R=looxl/pxN

R = loox P/Px5x4=5%

Answer 2

Answer:

Say the initial sum was 100

so for 5 years we get 20 ie one fourth of 100

Step-by-step explanation:

This is 20% for 5 years

which is 20/4

=5% p.a. ANSWER