Question

in how many years will be a sum of money 3 times itself at simple interest rate of 12.5% per annum?1)16 2)24 3)32 4)20 show step by step​

Answer 1

Step-by-step explanation:

let p be the principal amount.

ATQ new amount = 3p

let the time taken to convert the amount be T yrs.

then as follows the above image...