The chosen topic is not meant for use with this type of problem.
Answer:
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
A is the Final Interest Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above
solve for r
Answer:
540 miles
Step-by-step explanation:
60 miles per 1 hour
120 per 2 hours... etc.
multiply 60 and 9 to get 540
Given:
Principal = Rs. 1200
Rate of interest = 25%
To find:
The time in which the interest will became equal to the principal.
Solution:
We have,



If interest is equal to the principal, then



The formula for amount is:

Substituting
in the above formula, we get



Taking log on both sides, we get

![[\because \log a^b=b\log a]](https://tex.z-dn.net/?f=%5B%5Cbecause%20%5Clog%20a%5Eb%3Db%5Clog%20a%5D)


Therefore, the interest will became equal to the principal in about 3.11 years.