The simple interest on a sum of money is 4/9 of the principal and the number of years is equal to the rate percent. Find the rate and the time?	Select the correct option
A) 6 2/3% B) 6 2/8% C) 7 2/3% D) 6 5/3% E) 4 2/3%
4/9 P = (P*R*R)/100   R = 20/3 = 6 2/3%   6 2/3%nswer:6 2/3%
<result>A</result>
The simple interest on a sum of money is 4/9 of the principal and the number of years is equal to the rate percent. Find the rate and the time?