At what rate a sum doubles itself in 8 year 4 months?
Answers
Answered by
1
Step-by-step explanation:
Let sum=x
ATQ, Amount=2x
S.I=2x-x
=x
Time=8+4/12 years
or 25/3 years
therefore rate= S.I×100/P×T
=x×100/x×25/3
=12%
Answered by
2
Answer:
Let the Sum be 100.
Let the rate of interest be R.
Hence,100+((100*25*R)/3*100)=200
=> 25R/3=100
=>R=(100*3)/25
=>R=12 percent pa
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