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If the simple interest on a certain sum ...

If the simple interest on a certain sum of money is `4//25th` of the sum and the rate per cent equal to the number of years, then find the rate of interest per annum.

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To solve the problem step by step, we will use the formula for Simple Interest (SI) and the relationships given in the question. ### Step 1: Understand the given information We know that the simple interest (SI) is given as \( \frac{4}{25} \) of the principal (P). We also know that the rate of interest (R) is equal to the number of years (T). ### Step 2: Set up the equation for Simple Interest The formula for Simple Interest is: \[ SI = \frac{P \times R \times T}{100} \] From the question, we can substitute \( SI \) with \( \frac{4}{25} P \): \[ \frac{4}{25} P = \frac{P \times R \times R}{100} \] Here, we replace \( T \) with \( R \) since the rate is equal to the number of years. ### Step 3: Simplify the equation We can cancel \( P \) from both sides (assuming \( P \neq 0 \)): \[ \frac{4}{25} = \frac{R^2}{100} \] ### Step 4: Cross-multiply to eliminate the fraction Cross-multiplying gives us: \[ 4 \times 100 = 25 \times R^2 \] This simplifies to: \[ 400 = 25 R^2 \] ### Step 5: Solve for \( R^2 \) Now, divide both sides by 25: \[ R^2 = \frac{400}{25} \] Calculating the right side gives: \[ R^2 = 16 \] ### Step 6: Take the square root Taking the square root of both sides yields: \[ R = \sqrt{16} \] Thus: \[ R = 4 \] ### Conclusion The rate of interest per annum is \( 4\% \). ---
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