Math, asked by urbashidevi, 11 months ago

At what rate (percent) will a sum of money triple itself in 10 years

Answers

Answered by Tamilneyan
4

Answer:

Rate of interest R= 20%

Step-by-step explanation:

Attachments:
Answered by rajaniprasad315
3

Answer:

R = 16.66 %

Step-by-step explanation:

A = 3 P

T =12 years

A= P + I

But I= PRT / 100

So, A = P + PRT / 100

3 P = P + PRT / 100

3P – P = PR x 12 / 100

2 P = 12 PR / 100

=> R = 200 / 12 = 16.66 %

R = 16.66 %

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