Question

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

Answer 1

Answer:

20%

Step-by-step explanation:

According to the question, SI must be equal to 2 × P in order to make the final sum two times the original principal amount after 5 year. ∴ Required rate of interest is of 20%.

Answer 2

Answer=

P= P*X*%/100 =20%