Question

in how many years will 7500
rupees double at 8% p.a. simple interest​

Answer 1

Answer:

12.5 years

Step-by-step explanation:

Given Principle P=7500

Rate is 8%

Principle will double means Amount will be 2*7500=15000

Amount=Principle+SI

15000=P+PTR/100

15000=P(1+TR/100)

15000=7500(1+T*8/100)

Then T=12.5 years

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