Question

in how many years will a sum of money of double itself at 10% per annum simple interest?​

Answer 1

Answer:

Hey friend I can answer your question

Step-by-step explanation:

Let Principal be Ruppees P

Amount = Ruppees 2P

Simple Intrest = Amount - Principal

= Rupees( 2P - P)

= Rupees P

Rate of Intrest = 10 percent per annum

Time = 100 × S.I / P × 10

= 10 years

Thanks