a what time will a sum of money double itself at 25% per annum
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Step-by-step explanation:
Given that the SI will become 2×principal
Let the sum of money be X.
Let time be y years.
interest=25% per annum.
SI=(principal×time×intreset rate)/100
2x=(x×y×25)/100
200x=25xy
y=200x/25x
y=8years
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