11. The time period in which 150 double itself at 4% simple interest
Answers
Answered by
1
Answer:
The time period in which 150 double itself at 4% simple interest is 25 years
Answered by
0
Answer:
25 yrs
Step-by-step explanation:
According to the question
Amount =150×2=Rs.300
r=4% and P=Rs.150
Simple interest =A−P
=300−150
=Rs.150
Simple interest =
100
PRT
150=
100
150×T×4
T=
150×4
150×100
T=25 years
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