how long for the sum is triple for itself on the 10%p.a in simple interest
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1
Answer:
10 years
Step-by-step explanation:
Hi ,
Let the principal ( P ) = Rs x
Amount = A = Rs 3x
Simple interest ( I ) = A - P
I = 3x - x
I = 2x
Rate of interest ( R ) = 10%
Let time = T years
PTR/ 100 = I
T = ( 100 I ) / PR
= ( 100 × 2x ) / ( x × 10 )
= ( 100 × 2 x) / 10
= 10
Therefore ,
T = 10 years
I hope this helps you.
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