Question

In how much time a money will become
double of itself at the rate of 10% per
annum at simple interest?
(A) 2 years
(B) 5 years
(C) 10 years
(D) 15 years​

Answer 1

Answer:

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.