If compound interest on a sum for two years at 16 2/3% p.a. is Rs. 318.5, the simple interest (in Rs.) on the same sum at the same rate for years of time is
If compound interest on a sum for two years at 16 2/3% p.a. is Rs. 318.5, the simple interest (in Rs.) on the same sum at the same rate for years of time is
a) 350
b) 367.5
c) 318.5
d) 333.5
Sol:
