Question

in how many times simple interest on certain some of money at 8 one by three%of anum itself 2 by three of itself
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Answer 1

Answer:

25%

Step-by-step explanation:

Given that, sum of money become after 8 years it triples Let the sum of money be x

Time is 8 years

After 8 years it triples . So it becomes 3x.

So the simple interest is 3x−x=2x

Let, the rate of interest be y.

so,$\frac{xintoyinto8}{100}$ =2x

or,y=$\frac{200}{8}$=25%

                      friend into means × but due to some issue it converts to into

               but hope it helps