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The simple interest on a sum of money is 1/9 of the principal and the number of years is equal to the rate percent per annum. What is the rate % per annum?
  • a)
    10
  • b)
    3
  • c)
    1/3
  • d)
Correct answer is option 'D'. Can you explain this answer?
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The simple interest on a sum of money is 1/9of the principal and the number of years is equal to the rate percent per annum. What is the rate % per annum?a)10b)3c)1/3d)Correct answer is option 'D'. Can you explain this answer?
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