Math, asked by hafizquraishi1234, 8 months ago

the simple interest on a sum of money for 5 years is one-fourth of the sum . what is the rate of interest per annum​

Answers

Answered by jaswanth2906
3

Answer:

r = 5%

Step-by-step explanation:

SI = PRT / 100

1/4 = 1 * r * 5 / 100

r =  100 / 4 * 5

r = 5%

Similar questions