Fewpal
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The simple interest on a sum of money is 1/9 of the principal, and the number of years is equal to the rate percent per annum. Find the rate percent.

(A) 5 1/3 %

(B) 8 1/3 %

(C) 3 1/3 %

(D) 9 1/3 %

1 Answer

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Best answer

Correct option (C) 3 1/3%

Explanation:

Let Principal = P, time =t years, rate = t

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