If the simple interest on a sum of money is (1/25)th of the principal, and the number of years is - Maths - Comparing Quantities

Question

If the simple interest on a sum of money is
(1/25)th of the principal, and the number of years is
equal to the rate percent per annum, then what is the rate
percent?

Varun Rawat · Accepted Answer

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If the simple interest on a sum of money is (1/25)th of the principal, and the number of years is equal to the rate percent per annum, then what is the rate percent?

If the simple interest on a sum of money is (1/25)^th of the principal, and the number of years is equal to the rate percent per annum, then what is the rate percent?