Math, asked by adityamanojchauhan, 12 days ago

At what rate per annum simple interest will double itself in 8 years.

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Answered by rrmittal04

Answer:

12.5% per annum

According to Simple Interest (S.I) formula. . Where P is principal amount, R is rate of interest and T will be time period. Hence, the rate of interest to double a money in 8 years will be 12.5% per annum.

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At what rate per annum simple interest will double itself in 8 years.​

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At what rate per annum simple interest will double itself in 8 years.