Math, asked by khambholjakathan, 9 months ago

In how many years will a sum of money double itself if the rate of interest is
20 % p.a.?

Answers

Answered by welltododevon

0

Answer:

5 years

Step-by-step explanation:

Simple interest = principal amount

rate of interest= 20%

we know that

SI= PTR/100

P=PTR/100

T=100/20

T=5 years

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