Question

25 percent per annum interest in how many years the simple interest on a sum of money triple itself?​

Answer 1

Answer:

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Answer 2

Answer:

12 years

Step-by-step explanation:

let principal = P, Time =T

R= 25%

then SI = 3× principal =3P

we know ,

SI =(P×R×T )/100

3P = (P× 25× T)/100

solving.

T= (3P× 100)/(P×25)

T= 12