in how many years will a sum of money double it self at a rate of 8 % pa
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Answered by
2
Answer:
given
Let the principal (P) = ₹100
∴ Amount (A) = ₹100 × 2 = ₹200
∴ S.I. = A – P = ₹200 – ₹100
= ₹100
Rate (R) = 8% p.a.
∴ Time = (S.I. × 100)/(P × R) = (100 × 100)/(100 × 8)
= 25/2
= 12.1/2 Years. ans
hope itz hlp yu
Answered by
1
Step-by-step explanation:
Consider the principle P=Rs.100
It is given A= 100×2 =Rs.200
We know that S.I=A−P
Substituting the values =200−100=Rs.100
Rate is given as R=8% p.a.
Here,
Time (T)=(S.I×100)/(P×R)
Substituting the values =(100×100)/(100×8)
=25/2
So we get =25/2=12(1/2) years
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