In how many years will a sum of money double itself at 10 % p.a. interest
Answers
Answered by
2
Let,principal=x
Amount=2x
Rate=8percent
now,
p=A*100/100+TR
or,x=2x*100/100+T*12
or,100+12T=200
or,T=200- 100/12=8.333 years
Amount=2x
Rate=8percent
now,
p=A*100/100+TR
or,x=2x*100/100+T*12
or,100+12T=200
or,T=200- 100/12=8.333 years
Answered by
15
Here is your answer
Let P = x
A = 2x
SI = x
R = 10%
Let T = t years
As we know the formula
SI =PRT/100
Therefore
Time is 10 years
rajeev378:
Thanks for brainliest
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