A sum of 18000 rupees deposited at simple interest become 162,000 rupees in 40 years. When will it become 10 times of the original?
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Answer:
44.4 years
Step-by-step explanation:
162000/40
=4050
Rs 4050 is the yearly interest.
= 18000×10
=180000
The 10 times of the money is Rs 180000.
=180000/4050
= 44.4 years
Hence, after 44.4 years, the money would be 10 times.
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