Question

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

Answer 1

Explanation:

use this formula

given year/given year=(n-1)/(n-1)

here 6year =2times

3year=4times

6year/2year=(2-1)time/(4-1)time

6/x=1/3

x=18 years