Question

In how many years will Rs.7500 double at 8% simple interest

Answer 1

double of 7500 = 2*7500 = 15000
A = SI + P
Let the no. of years be t.
A = (P*R*t)/100 + P
15000 = (7500*8*t)/100 + 7500
(7500*8*t)/100 = 15000-7500=7500
$t \: = \frac{7500 \times 100}{7500 \times 8 } \\ t = \frac{100}{8} = 12 \frac{1}{2} years$

Answer 2

Step-by-step explanation:

in how many year wil rs.7500 double at 8 simple interest