Question

In how much time a money will become double of itself at the rate of 25% per annum at simple interest? ​

Answer 1

Answer:

The answer is 4 year

Step-by-step explanation:

25 x 4 =100

So, the answer is 4 year

Answer 2

Answer:

4 years

Step-by-step explanation:

Let the amount of money be ₹ 100If the money increases 25 % of total money then 100 + (25/100)*100 = money increased in one year.

So, we find out that ₹ 25 increase per year

So, we can say that it will take 4 years to become ₹ 100 which results in doubling of money i.e., ₹(100 + 100 ) = ₹200