A sum invested on simple interest becomes triple itself in 16 years. then the rate of interest is
missionshrestha195:
take simple interest as 3x and then solve it
After 3 years its becomes triple itself then
Amount = 3x
Interest =3x−x=2x
Time = 16 years
Rate = R
Interest=100PTR
⇒2x=100x×16×R
⇒R=162×100=12.5%
Answers
Answered by
0
Answer:
Let sum is x
After 3 years its becomes triple itself then
Amount = 3x
Interest =3x−x=2x
Time = 16 years
Rate = R
Interest=
100
PTR
⇒2x=
100
x×16×R
⇒R=
16
2×100
=12.5%
Step-by-step explanation:
Answered by
1
Answer:
What would you like to ask?
Untagged
A sum invested on simple interest becomes triple itself in 16 years. Then rate of interest is
Answer
Let sum is x
After 3 years its becomes triple itself then
Amount = 3x
Interest =3x−x=2x
Time = 16 years
Rate = R
Interest=
100
PTR
⇒2x=
100
x×16×R
⇒R=
16
2×100
=12.5%
Similar questions
Social Sciences,
1 month ago
Science,
1 month ago
Social Sciences,
3 months ago
Physics,
3 months ago
Physics,
9 months ago
Biology,
9 months ago