Question

If simple interest for 6 years is equal to 30%of the principal, it will be equal to the principal after​

Answer 1

Answer:

it will be equal to the principal after 20 years.

Step-by-step explanation:

Let principal =10P

interest = 10P×30100=3P

According to the question,

Case 1

3P=10P×R×6100=R=5%

Case 2

Interest=Principal=10P

10P=10P×5×t100

t=20 years

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