a sum of money gets doubled in 5 years at x simple interest,if the interest was y the sum of money would have become ten fold in 30 years. what is Y-X (in %)?
Answers
Answered by
2
Answer:
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Step-by-step explanation:
P - principal amount, N= No.of.years, R - rate of interest..
doubles in 5 years.
S.I = PNR/100
P= PR(5) /100
R = 100 / 5 = 20%
Rate of interest = 20%
4 times means
3 P= PNR /100
3 = RN /100
3= 20N /100
N=3*5 = 15 years.
It will become 4 times in 15 years.
Answered by
9
Answer:
x-y = 10%
Step-by-step explanation:
lets assume principal=100
p=100
A=200
so, S.I=100
that is double times the principal
S.I=P*N*I
100=100*5*x\100
x\100=1\5
=20%
the amount becomes 10 times in 30years
so, p=100
a=1000
n=30
i=y\100
s.i=900(1000-100)
that is 9times p
900=100*30*y\100
y=900\30
=30%
so, now x%-y%=20-30
=10%
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