In how many years will a sum of money double itself at 25/4% simple intrest per annuam
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In how many years will a sum of money double itself at % simple interest per annum.
Let the principle be Rs. x.
Amount is double .
So amount = Rs. 2 x .
Simple interest = Amount - Principle
= Rs.(2 x - x) = Rs.x
Rate = 25/4%.
We know that ,
Answered by
5
Let Sum money be(Principal)=₹100
Double of it=2×100=₹200
In Rate=25/4%
it Become(amount]) ₹200
SI=Amount-Principal
SI=200-100
SI=₹100
Let Time=t
We know

Double of it=2×100=₹200
In Rate=25/4%
it Become(amount]) ₹200
SI=Amount-Principal
SI=200-100
SI=₹100
Let Time=t
We know
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