question_answer

The simple interest on a sum of money is \[\frac{4}{9}\]of the principal. Find the rate percent and time, if both are numerically equal.

A)              \[2\frac{1}{2}%,\,2\frac{1}{2}\text{Yrs}\]   

B)    \[3\frac{1}{3}%,\,3\frac{1}{3}\text{yrs}\]

C)    \[6\frac{2}{3}%,\,6\frac{2}{3}\text{yrs}\]  

D)    \[4\frac{2}{3}%,\,4\frac{2}{3}\text{yrs}\]