Menu
Home / Arithmetic Aptitude / Simple Interest :: Discussion

Discussion :: Simple Interest

  1. The simple interest on a sum of money is 4/9 of the principal and the number of years is equal to the rate percent. Find the rate and the time?
    2. A.
    6 2/3 years; 6 2/3 %
    B.
    5 1/3 years; 5 1/3 %
    C.
    4 2/3 years; 4 2/3 %
    D.
    None

    View Answer

    Workspace

    View Answer

    Answer : Option A

    Explanation :

    4/9 P = (P*R*R)/100

    R = 20/3 = 6 2/3%

Write your comments here:

Be The First To Comment