Question

in how much time a money will become double of itself at the rate of 10% per annual at simple interest
give a simple solution​

Answer 1

Answer:

In 10 years of time, the amount of money will get doubled at 10%

Step-by-step explanation:

Let the sum be 100.

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

100 + 10 N = 200.  

10 N = 100.  

N = 10 .  

Sum doubles in 10 years

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Answer 2

Answer:

let the sum be 100

100+ ( 100 x N x 10/100 ) = 200 where N is the period in yrs .

100 + 10 N = 200

10N = 100

N = 10

sum double in 10 yrs