Question

If the money is tripled in 10 years then how much is the interest rate

Answer 1

PER YEAR INTEREST RATE :
LET'S ASSUME 100 ₹,
AFTER TEN YEARS OF MONEY GIVEN
100₹MULTIPLIED BY 3
= 300₹ AFTER TEN YEARS
200₹ IN TEN YEARS 200/10
INTEREST RATE IS 20%
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