In how much time will a sum of money become triple itself at 10% per annum simple interest
Answers
Answered by
9
Solution:
Let the principal ( P ) = x
Amount ( A ) = 3x
Simple interest ( s.i ) = A - P
= 3x - x
= 2x
Rate of interest ( R ) = 10%
Let the time = T years
Now ,
( PTR )/100 = s.i
=> T = ( 100 × s.i )/( PR )
= ( 100 × 2x )/( x × 10 )
= 10 × 2
= 20 years
••••
Now
Let the principal ( P ) = x
Amount ( A ) = 3x
Simple interest ( s.i ) = A - P
= 3x - x
= 2x
Rate of interest ( R ) = 10%
Let the time = T years
Now ,
( PTR )/100 = s.i
=> T = ( 100 × s.i )/( PR )
= ( 100 × 2x )/( x × 10 )
= 10 × 2
= 20 years
••••
Now
Answered by
10
In how much time will a sum of money become triple itself at 10% per annum simple interest
According to the question we know that Rate of interest is 10%
now, let the principal = X and time is T
so, account is 3x,
then, simple interest = Account - principal = 2x
Solution , Is in Given Attachment
Attachments:
Similar questions