at what percent rate per annum simple interest will be three times in 25 years
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Answer:
Si is 3 years I am hundred percent sure
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Answer:
Rate per cent=8per cent per annum
Step-by-step explanation:
let the principle be x
Rate per cent =?
Time=25 years
Amount =3x
Amount=Principle+Interest
Interest=Amount _Principle
=3x_x=2x
Interest =2x
Simple interest= ptr/100
2x=x×25×r/100
100×2x=x×25×r
100×2x/x=25r
100×2=25r
200=25r
200/25=r
hence, r=8per cent per annum
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