Question

in what time will 2000 triple itself if the rate of interest is 20 percentage per annum​

Answer 1

Answer:

15 years

Step-by-step explanation:

20% of 2000= 2000/100×20=400

now , 2000×3 =6000

let the time taken to triple 2000 itself be X

therefore 400X=6000

X = 6000/400

X=60/4

X = 15 years

thus time taken to triple 2000 itself at the rate of 20% per annum is 15 years