Arithmeticmedium · Past Paper
The simple interest on a sum is 1/9 of the principal. If the number of years is equal to the rate percent, find the rate.
A3%
B3 1/3 %
C10%
D9%
✓ Correct Answer: B — 3 1/3 %
P/9 = (P * R * R) / 100 => R^2 = 100/9 => R = 10/3 = 3.33%.
Share this question
More from Arithmetic
- A shopkeeper sells a pen for Rs. 11 at 10% profit. What is the CP?
- Unit of time (T) in standard interest formulas is usually:
- What is 150% of 40?
- Find the compound interest on Rs 10000 for 1 year at 20% p.a. compounded quarterly.
- The price of a cycle is Rs. 15000. It is sold for Rs. 13500. Find the discount percentage.