In how many years will ₹150 double it self at 4% simple interest
Answers
Answered by
6
Simple interest = p* r* T/100
Principal= 350 - 150 = 150
Interest = 150*4*T/100 = 150
6T = 150
T = 150/6
T= 25 years.
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Answered by
0
Answer:
25 years
Step-by-step explanation:
Principal= ₹150
Rate= 4%
S. Interest= ₹150
Time = SI×100/P×R
= ₹150×100/₹150×4
= 25 year
Hope that this will help you
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