Math, asked by tauahif8172, 10 months ago

In what time a certain sum of money will be 2.5 times at 10 rate of interest

Answers

Answered by hriden92
25

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Answered by windyyork
17

It takes 15 years to get 2.5 times the sum at 10% p.a.

Step-by-step explanation:

Let the principal be 'P'.

Let the amount be '2.5P'

Rate = 10%

Amount = Principal - Interest

2.5 P = P - Interest

Interest = 1.5 P

So, we get that

1.5P=\dfrac{P\times R\times T}{100}\\\\1.5\times 100=10\times T\\\\15=T

Hence, it takes 15 years to get 2.5 times the sum at 10% p.a.

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In what time a certain sum of money will be 2.5 times at 10%rate of interest

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