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

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.

💡 Some Related Questions

Let us write the number of years for which a principal becomes twice of its amount having the rate of simple interest of 6 $\frac{1}{4} %$ per annum

Open Answer »

The ratio of the principal and the amount (principal along with interest) in 1 yr is 8 : 9; the rate of simple interest per annum is ___

Open Answer »

The amount of ₹ 2p in t years at the rate of simple interest of $\frac{r}{2}\%$ per annum is Rs .(2p + _________).

Open Answer »

FIB : A man who gives a loan is called _________

Open Answer »

State True or False : A man who takes a loan is called a debtor.

Open Answer »

The total interest of a principal in n years at the rate of simple interest of r% per annum is $\frac{p n r}{25}$ , the principal will be (a) ₹ 2p (b) ₹ 4p (c) ₹ $\frac{p}{2}$ (d) ₹ $\frac{p}{4}$

Open Answer »

The simple interest at x % for x years will be Rs x for a principal amount of

Open Answer »

If a principal becomes twice of its amount in 10 years, the rate of simple interest per annum is (a) 5% (b) 10% (c) 15% (d) 20%

Open Answer »

A principal becomes twice of its amount in 20 yrs at a certain rate of simple interest. At the same rate of simple interest, that principal becomes thrice of its amount in (a) 30 years (b) 35 years (c) 40 years (d) 45 years

Open Answer »

If the interest of ₹ p at the rate of simple interest of r% per annum in t years is I, then

Open Answer »

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

💡 Some Related Questions

Flash Education