Sarthaks Test
0 votes
in Reasoning by (57.1k points)

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

+1 vote
by (55.0k points)
selected by
Best answer

Correct option (C) 3 1/3%


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

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.