Question

A certain sum of money doubles itself in 8 years How much time will it take to triple itself at same rate? with step or i delete ur account​

Answer 1

Step-by-step explanation:

Let the sum of money that's principal be x.

Time=8 years

Amount after 8 years becomes double=2x

Therefore,

Simple interest=Amount -principal=2x−x=x

Rate per annum =

P×T

S.I×100

=

x×8

x×100

=

8

100

=

2

25

=12.5%

Then,

We get interest of 8years is 12.5%

Answer 2

Answer:

12.5 is the answer

Step-by-step explanation:

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