Question

in how much rs 150 rupees will double itself at the rate of 4% simple interest​

Answer 1

Answer:

According to the question

Amount =150×2=Rs.300

r=4% and P=Rs.150

Simple interest =A−P

=300−150

=Rs.150

Simple interest =

100

PRT

150=

100

150×T×4

T=

150×4

150×100

T=25 years