Question

State True or Fale : If the principal and the rate of simple interest in percent per annum be constants, then the total interest and the time are in inverse relation

Simple Interest

December 27, 2023

Answer

False.

Explanation

If the principal amount and the rate of simple interest per annum are constants, the relationship between the total interest and the time is direct, not inverse.

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Question

State True or Fale : If the principal and the rate of simple interest in percent per annum be constants, then the total interest and the time are in inverse relation

Answer

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