Question

In how many year will rs 150 double itself at 4% simple intrest

Answer 1

Let principle = 150
Amount became = 300
Si = (300-150) = 150
R = 4%

Then,
T = si×100/p×r
==> 150×100/150×4
==> 100/4
==> 25

So, the time will be 25 years