In how many years a principal amount will be 3 times at 10% simple rate of
interest :
(a) 12 yrs. (b) 15 yrs. (c)20 yrs. (d)22 yrs.
Answers
Answered by
1
Answer:
b is the answer 15 years
Answered by
10
Step-by-step explanation:
we know that
A=p(1+RT/100)...... (1)
here
p=principle=1
A=total amount=3 (ATQ)
R= rate of intrest=10
find time T=?
put the values in equation (1)
3=1(1+10T/100)
3=(100+10T)/100
300=100+10T
10T=300-100=200
T=200/10=20
therefore T= 20 year's
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