Home
»
Simple Interest
»
The simple interest on a sum of money is 1/9 th of the principal and the number of year is equal to the rate percent per annum. The rate of interest per annum is:
The simple interest on a sum of money is 1/9 th of the principal and the number of year is equal to the rate percent per annum. The rate of interest per annum is:
a) 2 %
b) 7 %
c) 9%
d) 10/3 %
Ans: d. Solution
Let Principal = x
SI = x/9
R = T;
R =10/3
0 Comments