Math Problem Statement
the simple interest on. sum of money is 4/9 of the principal and the number of years is equal to the rate percent per annum the rate per annum is a) 5% b) 62/3% c) 6% d) 71/5%
Solution
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Math Problem Analysis
Mathematical Concepts
Simple Interest
Formulas
Simple Interest formula: SI = (P * r * n) / 100
Theorems
-
Suitable Grade Level
High School
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