A sum of money at simple interest double itself in 8 years .find the precent per annum
Answers
Answered by
1
R=SI×100/P×T
Let,Amount=2x
Principal=x
SI=A-P
SI=2X-x
SI=x
Therefore, Rate=
x×100/x×8
=12.5%p.a
Hope this answer will help u
#Shubham
Let,Amount=2x
Principal=x
SI=A-P
SI=2X-x
SI=x
Therefore, Rate=
x×100/x×8
=12.5%p.a
Hope this answer will help u
#Shubham
Answered by
0
P = x
I = x
R = ?
T = 8 years
I = (P*R*T)/100
x = x*R*8/100
R = x*12.5/x
R = 12.5%
I = x
R = ?
T = 8 years
I = (P*R*T)/100
x = x*R*8/100
R = x*12.5/x
R = 12.5%
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