9. At what rate of interest, a certain sum of money will become triple (three times itself) in 8 years? Find in how many years, will the same sum become double of itself at the same rate of interest per annum?
Answers
Answered by
0
Step-by-step explanation:
Correct option is D)
Simple Interest I=
100
PNR
Amount A=2P
I=A−P=2P−P=P
N=8 years
So, P=
100
P×8×R
⇒R=12.5 %
Now, we need to find N when A=3P
⇒I=3P−P=2P
So, 2P=
100
P×N×12.5
⇒N=16 years
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Answered by
0
Answer:
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Step-by-step explanation:
so I can halp you have thise and answers are not have thise and answers are not have
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