A sum doubles itself in 8 years at simple interest. In how many years will it
become 4 times at the same rate of interest?
Answers
Answered by
1
Answer:
According to the question data --
given data :
P = p
T = ?
A = 4 x p
A = 4p
R = 12.5%
=> SI = A - P
=> SI = 4p = p
=> SI= 3p
=> T = ( SI x 100 ) / (P x R)
=> T = (3p x 100 ) 100 / p x 12.5
=> T = 3 x 200 /25
=> T = 24years <= answer
hoping this will help you .
please follow me & mark me as brainlist.
Similar questions