₹1200 is invested at 8%simple interest per annum. In how much time will it double itself?
Answers
Answered by
5
Answer:
Hence the answer is 12.5 years
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Answered by
11
Answer:
We know that SI = PRT/100
We know that SI = A - P.
A - P = PRT/100
2400 - 1200 = 1200 * 8 * T/100
1200 = 96T
T = 1200/96
= 12.5 years.
Step-by-step explanation:
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