Question

if a sum of rs 50000/- doubles itself in 5 years at simple rate of interest

Answer 1

Step-by-step explanation:

p= 50000

A=2×50000

A= 100000

si= 100000-50000

si= 50000

si=prt/100

50000=(50000×r×5/)100

1= 5r/100

1= r/20

20=r

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