Math, asked by kaurrajwinder74605, 3 months ago

₹1200 is invested at 8% Simple interest per annum. In how many time will it double itself?

Answers

Answered by totaloverdose10

1

Answer:

Step-by-step explanation:

Let sum of money=Rs. x

Therefore amount=Rs. 2x

Interest=sum∗time∗R/100

=x∗time∗8/100

=8x∗time/100

Amount=sum+interest

2x=x+8x∗time/100

2x=100x+8x∗time/100

200x=100x+8x∗time

100x=8x∗time

time=100x.

time=12.5years.

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