Math, asked by purushottam5076, 2 months ago


In how much time will a sum of money double itself at 12% per annum simple interest.

Answers

Answered by deepakumari19may
3

Answer:

8years 4months

Step-by-step explanation:

Let P=Rs. x

Let P=Rs. xA=Rs. 2x

Let P=Rs. xA=Rs. 2x∴S1=Rs x

Let P=Rs. xA=Rs. 2x∴S1=Rs xS1=100PTR

Let P=Rs. xA=Rs. 2x∴S1=Rs xS1=100PTRor, x=100x×T×12

Let P=Rs. xA=Rs. 2x∴S1=Rs xS1=100PTRor, x=100x×T×12or, T=325 year

=8 year4 months

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