Question

In how many years rupees 5500 will double with the rate 8 pcpa byou
simple interest

Answer 1

Step-by-step explanation:

for doubling the principal we need the same amount of interest as principal so interest needed = 5500

simple interest = p×t×r /100

so ;

5500 = 5500 × t × 8 /100

so ;. 5500 = 44000/100. × t

5500 = 4400 × t

5500/4400 = t

5/4 = t

so 15 months or 1.25 years

hope this helps you

Answer 2

Answer

1.25years

Step-by-step explanation:

for doubling the principal we need thesame amount of interest as principal sointerest needed = 5500

simple interest = p×t×r /100

so ;

5500 = 5500 × t × 8 /100

so ;. 5500 = 44000/100. × t

5500 = 4400 × t

5500/4400 = t

5/4 = t

so 15 months or 1.25 years

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