in how much time will a sum triple itself at 20%p.a. ?
Answers
Answered by
2
Step-by-step explanation:
10 years A sum become 3 times . rate =20%p.a.
Answered by
2
Answer:
10 years
Step by step explanation:
Let the principal be x
So,Amount will be 3x
Now ,
Simple Interest = Amount - Principal
= x * 20 * t /100
200x = 20x * t
200x = t
20x
10 = t
Therefore ,10 year is the time when 20 pa become thrice.
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