1. Simple interest on a certain sum is 16/25 of the sum. The rate percent if the rate per cent and time (in years) are equal, is
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By: anil on 05 May 2019 02.01 am
it is given that Simple interest on a certain sum is 16/25 of the sum and rate of interest = time period let the principal amount be P and rate of interest be R and time period be T here R = T $$frac{16}{25}$$P = $$frac{P imes R imes T}{100}$$ as R = T R = 8 %
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