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Simple interest on a sum of money at the end of 5 years is 4/5 of the sum itself. Find the rate per cent p.a.

Simple interest on a sum of money at the end of 5 years is 4/5 of the sum itself. Find the rate per cent p.a.
asked 68.2k views
2 votes
Simple interest on a sum of

money at the end of 5 years is
4/5 of the sum itself. Find the
rate per cent p.a.

asked
User SlumpA
by
7.5k points

1 Answer

7 votes

Answer:16%

Explanation:

answered
User Hersson
by
9.0k points
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