RRB NTPC · Question 79
The simple interest at R % p.a. on a certain principal P is (9/16)^th of P. If R is equal to the number of years (N), find the value of N.
Show answer & explanation
Answer: (C) 7.5
Explanation
SI = P × R × N/100 = 9P/16 with R = N. So R²/100 = 9/16, R² = 56.25 and R = N = 7.5.