Question:The simple interest accrued of a sum of money at the end of four years is `1/5` of its principal. What is the rate of interest per annum ?
A `4%` B `5%` C `6%` D Date inadequare
+ AnswerB
+ ExplanationLet sum = x.Then S.I `= x/5`, Times`= 4 `years :. Rate`= (100 xx x/5 xx 1/(x xx 4))%` `= 5%`
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