Question

At how much rate a sum becomes doubles in 16 years

Answer 1

Answer:

Step-by-step explanation:

Suppose we have any sum of Money say 100.

Question says sum becomes double in 16 years ie 100 will become (100+100)=200.

Therefore it increases 100% in 16 year Eg.If I deposite $100 in bank then according to question,I would get $200( $100 which i deposited and $100 extra as interest) .

So if it increase 100% in 16 year then in 8 years it would increase 50%.

If i deposite $100 in 8 yrs I would get 50% extra on 100 ie (100+50=150).

Answer 2

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