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A certain sum was invested at simple interest. If the amount after six years is 4/3 times the amount after 3 years, then find the rate of interest per annum.?
Most Upvoted Answer
A certain sum was invested at simple interest. If the amount after six...
16.67 % p.a.
after 3 years amount is 1.5 times
and after 6 years it is 2 times which is 4/3 times of amount after 3 years
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A certain sum was invested at simple interest. If the amount after six years is 4/3 times the amount after 3 years, then find the rate of interest per annum.?
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