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The simple interest on a sum of money is...

The simple interest on a sum of money is `(4)/(9)` times the principal and the rate of interest per annum is numerically equal to the number of years. Find the rate of interest per annum.

A

`10/(3)%`

B

`15/(3)%`

C

`20/(3)%`

D

`15/(2)%`

Text Solution

Verified by Experts

The correct Answer is:
C
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Knowledge Check

  • The simple interest on a sum of money is (1)/(9) th of the principal, and the number of years is equal to the rate per cent per annum. Find the rate per cent.

    A
    `3(1)/(3)%`
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    `3%`
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    `10%`
    D
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    B
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    15/7
    D
    30/7

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    A
    `3%`
    B
    `1/3%`
    C
    `3(1)/(3)%`
    D
    `(3)/(10)%`

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