Math, asked by samantaray574, 15 hours ago

A sum of mone money Put at S. I (simple interest) doubles itself in 8 years. In How 8 many years it will become tive times) .​

Answers

Answered by aaryaniyer24
0

Answer:

According to Simple Interest (S.I) formula. . Where P is principal amount, R is rate of interest and T will be time period. Hence, the rate of interest to double a money in 8 years will be 12.5% per annum.

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