if a principal of rs.1000 doubles in 8 years ,what is rate of simple interest
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P=1000
T=8
R=?
If 1000 doubles in 8 yr then Si =1000
Using formula
Si=PRT/100
1000=1000xRx8/100
R=100/8=12.5%
This is ur ans hope it will help you in case of any doubt comment below
T=8
R=?
If 1000 doubles in 8 yr then Si =1000
Using formula
Si=PRT/100
1000=1000xRx8/100
R=100/8=12.5%
This is ur ans hope it will help you in case of any doubt comment below
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