At what time an amount will triple itself at the rate of 5/ per annum.
Answers
Answered by
0
Step-by-step explanation:
Title and dead on of organisms and reproductive health
Answered by
2
Step-by-step explanation:
Let the time be T and initial amount be P
Now, S.I. = P×R×x/100 = P × 5 ×T/100 = PT/20
Amount, = P+ S.I. = P + PT/20 = P(1+ T/20)
According to question,
P(1+T/20) = 3×P
=> 1 + T/20 = 3
=> T = (3-1) × 20 = 40 years
Therefore,
after 40 years,
a principal will triple itself.
Similar questions