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

Answer:

Give total of cash a chance to be 100 sum = 2 × 100 = 200 straightforward premium = 200 - 100 = 100 time = si × 100/important × rate 100 × 100/100 × 10. In 10 years, a total of cash duplicates itself at 10% for every annum basic premium.

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Answer 2

Answer:

Let the sum be 100

100+(100×N×10/100)=200, where N is the period in years

=> 100 + 10N = 200

=> 10N = 200 - 100

=> N = 100/10

=> N = 10 years. ans.

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