If the interest of sum of money is 6 yrs in 3/8 of the principal . what is the rate of interest?

=6.25%

Explanation:

Simple interest can be calculated using the below formula

I=prt/100

=Interest

P=Principal

R=Rate

T=Time

T=6 yrs

R=3/8

Making R subject of the formula

R=(I ×100)/PT

Substitute the values

=(3/2 P×100)/P×6

The "P" in the numerator cancelled out the "P" in denominator then we have

=(3/2×100)/6

=6.25%

Hence the rate is 6.25%

1= 26.17

2= 1.17

3=30.86

4=5.86

just took the assigment on edge

the inner core.

good luck: )

klicker