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
1
Answer:
let the sum be x, so si =1/4x ,t=5years .now r=si multiply by 100 divided by sum multiply by time.. and finally your answer come 5percent
Answered by
0
Answer:
Rs 400
Step-by-step explanation:
Let the principal be Rs. P.
S.L =
100
p×R×T
⇒
4
p
=
100
p×4×R
⇒R=
16
100
=
4
25
% per annum
⇒P=
Rate×Time
SI×100
⇒P=
4
25
×2
(450−p)×100
⇒p=450×8−8P
⇒9P=450×8⇒P=Rs.400
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