the time in which simple intrest will be 2/5 of principal at rate 8%p.a. is
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Let the simple interest be 2/5 of principle at 8 % per annum.
Simple interest = Principal(P) × Rate(R) × Time(T)/100
PRT/100
T = (S.I × 100)/(P × R)
((2/5)P × 100)/(P × 8)
200/40
5 years
Thus, the time is 5 years.
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