Question

A sum of money at simple Interest doubles itself in 8 years 4 months. In how much time will it triple itself ???

Topic :- Simple Interest

Step by step explaination needed !!

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Answer 1

Answer:

Amount = Principal + Interest

Let P = 100

Then A=200

so

200=100+ (100*r* 25 )/3*100

(100*300)/25*100=R

12%= R

The amount will triple in

300= 100 + (100*12*T)/100

(200*100) /100*12=T

16 years 8 months = T

Step-by-step explanation:

Here is your answer

Answer 2

Answer:

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Step-by-step explanation:

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