Question

a sum amounts to ₹1326 in 6 years at 5% p.a. simple interest. in what time will it double itself at the same rate of interest​

Answer 1

Answer:

Sum of money is 1326rs

Amount is 1326×2=2652

SI =Amount-principal

=2652-1326

=1326

Rate of interest=5%

Time=SI×100/RI×P

=1326×100/5×1326

=20 years.