Question

A sum amounts to ₹ 2,652 in 6 years at 5% p.a. simple interest.
Find : (i) the sum
(ii) the time in which the same sum will double itself at the same rate of interest.

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Answer 1

Answer✔️

Rate = 5% p.a. Time = (S.I. × 100)/(P × R) = (100 × 100)/(100 × 5) = 20 years.

Answer 2

Answer:

 Rate = 5% p.a. Time = (S.I. × 100)/(P × R) = (100 × 100)/(100 × 5) = 20 years.