(6) How long will it take for an amount to become 5 times of itself at 20% per annum simple interest?
Answers
Answered by
7
Answer:
Let the sum be Rs x .
So, Amount = Rs 5x .
Let after t years, the sum will become 5 times of itself .
Rate = 20 % p.a.
So, SI = Rs 5x- x = Rs 4x .
Required time = 100 × SI / P × R = (100×4x/ x× 20 )yr
= 5/4 years .
Step-by-step explanation:
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Answered by
3
Answer:
Let the sum be ₹x.
Amount=₹5x
SI=₹(5x-x)
SI=₹4x
Rate of interest=20%
T=SI×100/P×R
T=4x×100/x×20
T=20yrs
Step-by-step explanation:
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