Question

in what time will a sum of money at 12percent per annum simple intrest double itself​

Answer 1

Answer:

Step-by-step explanation:

in what time will a sum of money at 12percent per annum simple intrest double itself​

Answer 2

Answer:

100 months or 25/3 of a year

Step-by-step explanation:

Let the principle be 100 and time be x

Therefore double =200.

The interest will be 100 rupees.

Therefore 100=(100*12*x)/100

Therefore 100/12=x

Therefore 25/3 years is the time

Hope it helped you