at what rate percent per annum simple interest will a sum be three times itself in 10 year
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Answer:
20%
Explanation:
let principal is P
Amount = principal + interest
3P = P + ( P* R * 10 ) / 100
3P - P = P*R*10/ 100
2P = P * R /10
2 * 10 = R
R = 20 %
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