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the simple interest on a sum of money is 1/9 of the principal and the number of year is equal to the same rate percent per annum.

By Gabriella

the simple interest on a sum of money is 1/9 of the principal and the number of year is equal to the same rate percent per annum. What is the rate percent per annum?​

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Gabriella

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2 thoughts on “the simple interest on a sum of money is 1/9 of the principal and the number of year is equal to the same rate percent per annum.”

  2. Answer:

    10/3% =Rate.

    Step-by-step explanation:

    let the principal be P and Rate of interest be R.

    so, simple interest =P/9 and time =R.

    so, the using the formula of SI=

    S. I. =PxRxT\100

    P/9= PxRxR/100

    R²= 100xP/9xP

    R=√100/9

    R=10/3℅

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