Question

In how much time will a certain sum be 1.5 times the principal at 10% per annum?​

Answer 1

Step-by-step explanation:

Let the Principal be x

and the Time taken be t

and rate of increase per annum =10%

Now, According to given Conditions

1.5x=x+t×(

100

10

x)⇒0.5x=t×(0.1)x⇒t=5 years