At 25% per annum interest in how many years the simple interest on a sum of money treble itself?
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Answered by
10
Answer:
12 years.
Step-by-step explanation:
S.I = P*T*R/100
Let P = x , T= ? , R = 25%
x*25*T/100 = 3x
x*25T = 300x
25T = 300
T = 12
Therefore, In 12 years the simple interest becomes triple its sum.
Answered by
23
Answer is 8 years.
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