Math, asked by chhayasharma111c, 1 month ago

If a principal becomes twice of it n 10 years,then the rateof simple interest per annum is​

Answers

Answered by 00SweetGirl00
2

Answer:

\huge\rm\underline\red{||Answer||}

It is called Rule of 72. Divide 72 by the interest rate, and it will give you the number of years it will take for your money to double…. 72/7.2=10… So with a rate of 7.2% your money will double in 10 years.

 \fbox \pink{⛄ Hope it will help you⛄}

Similar questions