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at what rate of simple intrest p, a will a certain amount be thrice the principal amount after 6 years |
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Answer» ong>Answer: 33⅓ % Step-by-step EXPLANATION: Let the RATE be R and PRINCIPAL be P. Amount (A) = 3P Simple Interest (SI) = A-P = 3P - P = 2P Time (T) = 6 years SI = PRT/100 => 2P = P × R × 6/100 => 2 = R × 3/50 => 2 × 50/3 = R => R = 100/3 % = 33⅓ % |
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