2. At what rate per cent will a sum of money double
itself in 6 years?
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let the principle=x
time= 6yrs
therefore amount in 6yrs =2x
so,S.I =amount- principle
= 2x - x
=x......(i)
rate= r%.....(ii)
now.
S.I= p×r×t/100
x=x×r×6/100
r=x×6/100×x
r=6/100
r= 16.6% approx.
-teach by A.j
A.j
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