In how many years will the simple interest on a sum of money be equal to the principle at rate of \(12 \dfrac{2}{4}\%\) p.a.?

In how many years will the simple interest on a sum of money be equal

1.	In how many years will the simple interest on a sum of money be equal to the principle at rate of \(12 \dfrac{2}{4}\%\) p.a.?
A.	8 years
B.	5 years
C.	7 years
D.	6 years
Answer» B. 5 years

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In how many years will the simple interest on a sum of money be equal to the principle at rate of \(12 \dfrac{2}{4}\%\) p.a.?

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