Question

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

Answer 1

Answer:

Hence the answer is 12.5 years

Answer 2

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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