Question

at what rate of simple interest will a sum of money triples itself in 10 years​

Answer 1

Answer:

20

Step-by-step explanation:

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%

Answer 2

Answer:

$\huge \underbrace { Answer✿°᭄}$

$Let \:  p \: = \: x, A \: = \: 3x \: T \: = \: 10  \: years$

$SI = A \: − \: P \\ \: = 3x - x \\ = 2x$

$R \: = \: \frac{SI \times 100}{P\times T} \\ \: = \frac{2x \times100 }{x \times 10} \\ \: R \: = \: 20$

$\huge \underline{Hope \: it \: Helps \: u}$