Question

The simple intrest on a sum of money for 5 years is 3/5 of the sum .Find the rate percent per annum​

Answer 1

Answer:

12%

Step-by-step explanation:

I = 3p/5 = p×5×r/100

or, r = 3p×100/5×5p

or, r = 3×4 = 12

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