a sum of money become its twice in 4 years at simple interest at the same interest rate in how much year it will be 5 times
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Let the principle be 100.
Then amount will be 200.
Interest= 100
Time = 4 yrs
R=?
I=PRT/100
100=100×R×4/100
100×100/100×4=R
100/4=R
NOW SUM SHOULD BE 5 TIMES MEANS 500
I=PRT/100
500=100×100/4×T/100
500×4/100=T
20= T
IN 20 YEARS SUM WILL BECOME 5 TIMES OF PRINCIPLE.
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Then amount will be 200.
Interest= 100
Time = 4 yrs
R=?
I=PRT/100
100=100×R×4/100
100×100/100×4=R
100/4=R
NOW SUM SHOULD BE 5 TIMES MEANS 500
I=PRT/100
500=100×100/4×T/100
500×4/100=T
20= T
IN 20 YEARS SUM WILL BECOME 5 TIMES OF PRINCIPLE.
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Answered by
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Answer:
Hey mate here is your answer
Hope it help you
InterestAmt.=(Principal∗Rate∗time)/100
applying your condition
3∗Principal=(Principal∗Rate∗time)/100
3=(Rate∗time)/100
300=12.5∗time
Time=300/12.5
Time=24
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