Question

a sum of money become triple of it self in 8 yrs at si. in 12yrs , it will bcom hw many times of itself at the same rate??​

Answer 1

Step-by-step explanation:

At what rate percent per annum will a sum of money double in 8 years.

A) 12.5%

B) 13.5%

C) 11.5%

D) 14.5%

Answer: A) 12.5%

Explanation:

Let principal = P, Then, S.I.= P and Time = 8 years

We know that S.I. = PTR/100

Rate = [(100 x P)/ (P x 8)]% = 12.5% per annum.

Answer 2

Step-by-step explanation:

At what rate percent per annum will a sum of money double in 8 years.

A) 12.5%

B) 13.5%

C) 11.5%

D) 14.5%

Answer: A) 12.5%

Explanation:

Let principal = P, Then, S.I.= P and Time = 8 years

We know that S.I. = PTR/100

Rate = [(100 x P)/ (P x 8)]% = 12.5% per annum.