Question

the simple interest on a sum of money at the end of 4 years is 3by5 of the sum .Find the rate of interest​

Answer 1

Answer:

Let Rsx be the sum. Then according to the question, the simple interest will be

5

3

x.

S.I.=

100

P×R×T

5

3x

=

100

x×R×5

R=

5×x×5

3x×100

R=12%

Step-by-step explanation:

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