Math, asked by madthinkers2000, 4 months ago

at what rate per percent will a sum triple itself in 16 years

Answers

Answered by Magzy

1

Answer:

Let, the SUM = Rs X and RATE = r%.

TIME (t) = 16 years.

Since, X tripled in 16 years,

INTEREST (I) = Rs (3X - X) = Rs 2X.

Now,

I = (S × t × r) / 100

⏩ 2X = (X × 16 × r) / 100

⏩ r = 50/4

▶▶ Rate = 12.5%

◀I HOPE THAT THIS HELPS YOU AND MARK AS BRAINLIEST▶

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