in how many years will ₹ 150 double itself at 4% simple interest
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Answer:
it will take 25 years.
Step-by-step explanation:
if the principal that is 150 rupees has to be doubled that is it has to be made rupees 300 then the interest on it should be rupees 150.
therefore, I = P ×R×T/100
150=150×4×T/100
150×100/150×4=T
therefore T=25 years
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