in what time will a sum double itself at the rate of 10% p.a. SI
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Answer:
Let the sum be 100. 100 +( 100 × N x 10/100) = 200, where N is the period in years. 100 + 10 N = 200. 10 N = 100. N = 10 . Sum
Answered by
2
Step-by-step explanation:
Let the sum be 100.
100 +( 100 × N x 10/100) = 200, where N is the period in years.
100 + 10 N = 200.
10 N = 100.
N = 10 .
Sum doubles in 10 years
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