at a certain rate of simple interest a certain sum of money becomes double of itself in 10 years in what time will it become treble of itself
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Answer:
20 years.
Step-by-step explanation:
Let principal = x, interest = x and rate = r%.
Rate = Principal * Time
= (x * 100)/(x * 10)
= 10%
Now,
p = x, interest = 2x.
Time = (SI * 100)/(P * R)
= (2x * 100)/(x * 10)
= 20 years.
Hence, Time = 20 years.
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