Question

At what rate percent will a sum of money triple itself in 10 years ?(Hint : Let Principal be Rs.x and then amount = 3x)

Answer 1

Let Principal = X
Amount = 3X

T= 10
R=?
I= Amount -Principal= 3X-X===2X

I=P×R×T )/100

2X= (X×R×10)/100

R= 20%

So rate % =20

Answer 2

Answer:

Let Principal be Rs.x and then amount = 3x

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