in how many years the interest will be equal to half of principal at the rate of 5% p.a
Answers
Answered by
3
S.I.= prt/100
where p is principal,r is rate,t is time and S.I. is simple interest.
let S.I =X so p=2x
so putting values in formula
X= 2x*5*t/100
100/10= t= 10 years
Time is 10 years
Similar questions
Social Sciences,
3 months ago
History,
3 months ago
Math,
3 months ago
Chemistry,
7 months ago
Social Sciences,
7 months ago
Math,
1 year ago
Math,
1 year ago
English,
1 year ago