at what rate percent per annum simple interest will a sum be three times itself in 3 times
Answers
Answered by
1
Step-by-step explanation:
Then simple interest will be,. S.I.=Amount−Principl e. =3x−x. =2x. The time is ... more than the simple interest on the same sum for 8 months at 8 percent.
Answered by
7
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.=
100
P×R×T
2x=
100
x×R×16
R=
x×16
2x×100
R=12.5%
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