26. In 10 years a certain sum doubles itself. Find the rate per cent per annum.
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Answer:
Hence the required rate in which the sum becomes double itself in 10 years is 10%.
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Since sum double itself in 10 years, so sum = S.I. for 10 years.
Let sum =x. Then, S.I. =x and Time =10 years.
∴Rate=(x×10100×x)% =10%
Now, sum =x, S.I. =2x, Rate =10%
∴ Time =(x×10100×2x)years=20 years.
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