Math, asked by harshadkhandla, 1 year ago

at what rate of interest will a sum of money double itself in 5 years

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Answers

Answered by shetnv

Let P= Rs. X, T= 5 years, r=?

AMOUNT =2X ( DOUBLES)

SI=Amount - P

=2x - x

SI=x

r= (SI * 100) /(P *T)

=x *100/x *5

rate=20%

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