in how many years will rupees 7500 double at 8% simple interest
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Answer:
Step-by-step explanation:
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=7500*100/7500*8
t=100/8
=12 1/2
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