Question

in how many years will 7500 double at 8% per annum simple interest​

Answer 1

Step-by-step explanation:

p = 7500

a = 2*7500 = 15000

si = 7500

r = 8%

$t = \frac{si \times 100}{pr} \\ = \frac{7500 \times 100}{7500 \times 8} \\ = 12.5 \: yr$