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

The simple interest on a sum of money is 8/25 of the sum. If the number of years is numerically half the rate percent per annum, then the rate percent per annum is.

A

8

B

`6(1)/(4)`

C

5

D

4

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The correct Answer is:
To solve the problem, we will use the formula for Simple Interest (SI): \[ SI = \frac{P \times R \times T}{100} \] Where: - \( SI \) = Simple Interest - \( P \) = Principal amount (the sum of money) - \( R \) = Rate of interest per annum - \( T \) = Time in years Given that the Simple Interest is \( \frac{8}{25} \) of the principal amount, we can express this as: \[ SI = \frac{8}{25} P \] We are also given that the number of years \( T \) is numerically half of the rate percent \( R \). This can be expressed as: \[ T = \frac{R}{2} \] Now, substituting these values into the Simple Interest formula: \[ \frac{8}{25} P = \frac{P \times R \times T}{100} \] Substituting \( T \) with \( \frac{R}{2} \): \[ \frac{8}{25} P = \frac{P \times R \times \frac{R}{2}}{100} \] Now, we can cancel \( P \) from both sides (assuming \( P \neq 0 \)): \[ \frac{8}{25} = \frac{R \times \frac{R}{2}}{100} \] This simplifies to: \[ \frac{8}{25} = \frac{R^2}{200} \] Now, we can cross-multiply to eliminate the fraction: \[ 8 \times 200 = 25 \times R^2 \] Calculating the left side: \[ 1600 = 25R^2 \] Now, divide both sides by 25 to isolate \( R^2 \): \[ R^2 = \frac{1600}{25} \] Calculating the right side: \[ R^2 = 64 \] Now, take the square root of both sides to find \( R \): \[ R = \sqrt{64} \] Calculating the square root: \[ R = 8 \] Thus, the rate percent per annum is: \[ \boxed{8\%} \]
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MOTHERS-SIMPLE INTEREST -CLASS ROOM EXERCISE
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  15. The simple interest on a sum of money is (9)/(35) of the sum. If the n...

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  16. P took Rs. 7500 loan at a certain rate of simple interest per annum an...

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  17. A and B borrowed Rs 2,000 and Rs 3,000 respectively at the same rate o...

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  18. Kapil deposited Rs 500 for 4 years and Rs 600 for 3 years at the same ...

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