at what rate of simple intrest p, a will a certain amount be thrice the principal amount after 6 years
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Answer:
33⅓ %
Step-by-step explanation:
Let the Rate be R and Principal be P.
Amount (A) = 3P
Simple Interest (SI) = A-P = 3P - P = 2P
Time (T) = 6 years
SI = PRT/100
=> 2P = P × R × 6/100
=> 2 = R × 3/50
=> 2 × 50/3 = R
=> R = 100/3 % = 33⅓ %
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