in how much time will a sum become double at 12%P.a.simple interst
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3
Let principle be x.
∴amount = 2x.
∴ Interest = 2x - x = x.
Rate = 12%
∴Time =( S.I. x 100)/rate x Principle.
= 100x/12x
= 25/3 years
Answered by
0
Rate of interest = 12
Amount = 2 × principal
Therefore,
A=P×R×T/100
Becomes
Answered by
0
Rate of interest = 12
Amount = 2 × principal
Therefore,
A=P×R×T/100
Becomes
Answered by
0
Rate of interest = 12
Amount = 2 × principal
Therefore,
A=P×R×T/100
Becomes
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