Mathematics
Simple interest on a certain sum is 16/25 of the sum. Find the rate of interest and time, if both are numerically equal.
Related Questions
If the interest on ₹ 2,400 is more than the interest on ₹ 2,000 by ₹ 60 in 3 years at the same rate per cent, find the rate.
Divide ₹ 9,000 into two parts in such a way that S.I. on one part at 16% p.a. and in 2 years is equal to the S.I. on the other part at 6% p.a. and in 3 years.
The C.I. on ₹ 1,000 at 20% per annum and in 2 years is:
₹ 1,440
₹ 1,240
₹ 440
₹ 220