A sum of money becomes triple of itself in 20 years.In how many years will it double itself.
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Answer:
Let principal = P,
Amount = 3P
Interest = 3P−P = 2P
According to the question,
2P=P×R×T100=R= 10%
Let after t year it will become double
Hence,interest=2P−P=P
P=P×10×t100=t
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