The simple interest on a sum of money is 4/9 of the principal and the number of years is equal to the rate percent per annum . What is the rate percent per annum ?
Answers
Answered by
1
Answer:
Let the principal be P.
Rate of interest be R%
According to the question, Time=R
Simple interest =94P.
SI=100(PTR)
⇒94P=100(PTR)
⇒94P=100(P×R×R)
⇒94P=100(P×R2)
⇒94=100R2
⇒R2=100×94
⇒R=10×32=320
Therefore, rate of interest is 320% or 632%.
Answered by
0
Answer:
79
Step-by-step explanation:
divide by the annum of the sum
Similar questions
Math,
1 month ago
Hindi,
1 month ago
Social Sciences,
3 months ago
Science,
3 months ago
English,
9 months ago