At what rate percent of simple interest per annum will a sum of money triple in 6 yr?
Answers
Answered by
14
Answer:
33 1/3 % p.a.
Step-by-step explanation:
let the principal or sum of money be x then amount after 6 yrs = 3x
so S.I. = A - P = 3x-x = 2x and let the rate of interest be r
ATQ,
S.I. = PRT/100
2x = x r 6/100
200x = xr6
r = 200x/6x = 200/6 = 100/3 = 33 1/3 % p.a.
Answered by
4
Answer:
33mixed1/3
Pls mark it as brainliest.
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