In how many years a sum of money will become double of itself at 10% per annum simple interest?
Answers
Answered by
2
Answer:
here's ur answer hope it's help u...
Step-by-step explanation:
sum = 2 × 100 = 200 straightforward premium = 200 - 100 = 100 time = si × 100/important × rate 100 × 100/100 × 10. In 10 years, a total of cash duplicates itself at 10% for every annum basic
Answered by
0
Answer:
20 years
Step-by-step explanation:
Lets take the sum as x.
Now, after 1 year, the sum would be 10% greater from its original sum, so that would be 10/100 * x. So, after 20 years, the sum would be 10% * 20 = 200% greater than itself. 200% is double. So hence its 20 years.
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