at what rate of simple intrest p, a will a certain amount be thrice the principal amount after 6 years
Answers
Answered by
0
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 %
Similar questions
Social Sciences,
26 days ago
Physics,
26 days ago
Computer Science,
26 days ago
Chemistry,
1 month ago
Science,
1 month ago
Accountancy,
8 months ago
World Languages,
8 months ago