Question

in how many time will the sum of money amount to 4/3 of it self at 40/3 % per annum​

Answer 1

Answer:

Principal amount be P.<br> Amount= principal amount+simple interest<br> 3P=P +simple interest<br> =>simple interest=2P<br> =>

given R=25%<br> =>

Step-by-step explanation:

mark as brilliant

Answer 2

the simple rule is divide 115 buy rate of interest to get the approximate number which in this case would115/15 =7.7yrs approx assuming all the interest is compound annually