Question

at what rate of interest a sum of money will triple itself in 12 whole 1/2years ​

Answer 1

Answer:

We have,

Let p=x, A=3x.T=10 years,

SI=A−P

=3x−x

=2x

R=

P×T

SI×100

R=

x×10

2x×100

R=20%

Hence, this is answer.