5. In how many years will 300 double itself at 4% simple interest
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Answer:
Simple Interest = P * R * T / 100
Amount = 150 * 2 = 300
Principal = 350 - 150 = 150
SI = 150 * 4 * T / 100 = 150
6T = 150
T = 150 / 6
T = 25
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Animesh Tripathi answered this
1 helpful votes in Math, Class VI
Que:- why you deduct 350-150 for the Principle?
and How Simple interest = 150???
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Parva Chowdhury answered this
in Math, Class IX
Simple Interest = P * R * T / 100
Amount = 150 * 2 = 300
Principal = 350 - 150 = 150
SI = 150 * 4 * T / 100 = 150
6T = 150
T = 150 / 6
T = 25
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