Question

3.
same rate of interest.
A sum of money, lent out at simple interest,
doubles itself in 8 years. Find :
(i) the rate of interest.
(i) in how many years will the sum become
triple (three times) of itself at the same rate
percent?​

Answer 1

Answer:

So the given sum of money will become triple in 16 years.

Step-by-step explanation:

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