if a certain amount of money doubles in 5 years, the rate of interest p.c.p.a. G is (B) 10 ((A) 5 (C) 25 (D) 20
Answers
Answered by
4
Given :-
If a certain amount of money doubles in 5 years,
To Find :-
Rate
Solution :-
Let the principal be x
Amount = 2x
SI = A - P
SI = 2x - x
SI = x
Let rate be R
R = 100 × SI/P × T
R = 100 × x/x × 5
R = 100/5
R = 20%
Therefore,
Option D is correct
Answered by
4
Answer:
To find:-
- Rate of interest.
Explanation :-
Let,
- The principle be as x
- Amount =2x
SI = Amount - Principle
SI= 2x-x
SI =x.
Let rate be R.
- R=100×SI/P×T
- R= 100/5
- R=20%.
Option D is the correct answer for your question..
Thank you.
Hope it helps u mate.
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