Question

In what time will a sum of money double itselt at 8% simple interest?​

Answer 1

Step-by-step explanation:

the best way to double up your money

is to keep it in front of the mirror

ohk jokes aside the correct ans for this question is

Let the principal (P) = ₹100

∴ Amount (A) = ₹100 × 2 = ₹200

∴ S.I. = A – P = ₹200 – ₹100

= ₹100

Rate (R) = 8% p.a.

∴ Time = (S.I. × 100)/(P × R) = (100 × 100)/(100 × 8)

= 25/2 = 12.1/2 Years

Hope this would help you

Good day

Regards

Palak ♡´･ᴗ･`♡

Please mark me as Brainliest.