Question

In what time will a sum of money double itself at 15% p.a.? ​

Answer 1

Answer:

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Answer 2

Answer:

If the principal be x, then amount = 2x

We know that,

∴ SI = Amount - Principal = 2x - x = x

Time=

Principal×rate

SI×100

= x×15

x×100

​

= 3/20 =6 32 years

Step-by-step explanation:

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