A sum amount of 1326 in 6 year at 5% per annum. in what time will this sum double it self at the same rate of interest?
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Answer:
1020
Step-by-step explanation:
Amount = Principal + S.I
Assume principal to be P
Amount = P+P*T*R/100
on submitting the values
1326 = P+P*6*5/100
1326 = P+30P/100 (lcm)
132600 = 100P+30p
P = 132600/130
P = 1020
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