if a sum of money at simple interest becomes 4 times in five years then in how many years will it become 10 times
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Case 1:
Principal (P) = 1 ,
Amount (A) = 4P= 4 × 1 = 4
Simple Interest (I) = A - P
Case 2:
Principal (P) = 1 ,
Rate of interest (R) = 60% , [From (1) ]
Amount (A) = 10P = 10 × 1 = 10,
Simple Interest (I) = A - P
Therefore.,
in 15 years the sum become
10 times
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