ngawangzangmo ngawangzangmo

12-07-2020
Mathematics

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at what rate will a sum of money amounts to 5 times itself in 5 years interest received being simple

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gilbertazavedo72 gilbertazavedo72

12-07-2020

Answer: 80%

Step-by-step explanation:

Let p = x

A = 5x

SI = 5x - x = 4x

t = 5 years

Rate = SI x 100 / p x t

R = 4x * 100 / x * 5

R = 80

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