Question

At what rate will rupees 100 double itself in 5 years at simple interest​

Answer 1

Answer:

In the Question

given : Principal = ₹ 100

Time = 5 years. (simple interest).

Let, the rate of interest be x.

A.T.Q (100 × 5 × x) / 100 = 200

=> 500x / 100 = 200

=> 500x = 200 × 100

=> x = 20000/500

=> x = 40

So, the rate of interest is 40%.

ì höpê ït wíll hēlp yõú.˘⌣˘.