How long will it take Rs 1000 to triple itself at 5 per cen simple interest
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Answer:
t = 40yrs
Step-by-step explanation:
P = 1000
A = 3000
r = 5
t = ?
A = P + Prt/100
3000 = 1000 + [(1000x5)/100]xt
2000 = 50t
t = 40
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