at what rate per per annum will the principal triples in 16 years
Answers
Answered by
2
Answer:
Let Rsx be the sum, then according to question, the amount will be Rs3x. Then simple interest will be,
S.I.=Amount−Principle
=3x−x
=2x
The time is given as 16 years.
S.I.=100P×R×T
2x=100x×R×16
R=x×162x×100
R=12.5%
Please Follow Me And Mark Me Brainlist Only If You Want To. And thank and vote me if my answer have helped you.
Answered by
1
Let rs× be the sum, then according to question, the amount will be Rs 3× .Then simple interest will be
S.I.= amount _ principal
= 3× -×
= 2×
The time is given as 16 years
S.I. = 100 × R × 16
2 ×162×100
R× 162 ×100
R =12.5
HOPE IT HELPS YOU
Similar questions
Environmental Sciences,
3 months ago
Physics,
3 months ago
English,
3 months ago
Social Sciences,
7 months ago
Science,
7 months ago
English,
1 year ago
English,
1 year ago