at what rate of the simple interest will some of the money double itself in 20 years
Answers
Answered by
1
if the money is 100 rupees
P = 100
N=20years
R=?
I=2P
I=P*R*N/100
2P=100*R*20/100
200=R*20
200/20=R
10=R
R=10°/•
PLS MARK THIS ANSWER BRAINLIEST
P = 100
N=20years
R=?
I=2P
I=P*R*N/100
2P=100*R*20/100
200=R*20
200/20=R
10=R
R=10°/•
PLS MARK THIS ANSWER BRAINLIEST
Answered by
16
Here is your answer
Let the principal is P
and Rate of interest is r %
T = 20 years
A = 2p
Therefore
SI = A - P
= 2p - p
= p
As we know the formula
SI = PRT/100
Therefore Rate of interest is 5 %
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