Question

in how much time a money will become double of itself at the rate of 10% per annually at simple intrest
please answer this ​

Answer 1

Given:

• Rate of 10% per annually

To find:

• How many years

Solution:

• Given total cash a change to be 100 sum=2×100=200
• Straight forward premium =200-100=100

$\red{Time = \frac{S.I \times 100}{Important \times Rate}} \\ \frac{100 \times 100}{100 \times 100} \\ \frac{10000}{10000} \\ \tt \green{= 10 \: Years}$