Question

A certain sum of money doubles itself in 6 years . In how many years will it be three times at the same rate of simple interest ?​

Answer 1

Answer:

I =P, N=6yrs

R=100xI/PN=100XP/PX6=16 2/3%

I=2p

R = 16 2/3%

N = 100xl/PR

= 100x2px3/px50 = 600/50 = 12yrs

Answer 2

Step-by-step explanation:

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