For What Sum, The Simple Interest at n% for ‘n’ Years will be ‘n’?

  1. 100/2n
  2. 50/n
  3. 100/n
  4. 200/n
Monis Rasool Professor Asked on 12th September 2015 in Maths.
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  • 1 Answer(s)

    Answer: (3) 100/n

    Let the sum be Rs. X.
    Rate = n%,  Time = n years  and Simple interest = n

    Simple Interest = P x R x T/100
    Where, P = principal, R = rate, & T = time.
    Then, n = X x n x n /100
    X = 100/n

    Hence, the answer is (3) 100/n.

    Anurag Mishra Professor Answered on 13th September 2015.
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