In what time will a sum of money put at 15% simple interest triple itself?
Answers
Answered by
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let the sum be x.
then,
simple interest=3x-x=2x
so,time=2x×100/x×15
=40/3years
then,
simple interest=3x-x=2x
so,time=2x×100/x×15
=40/3years
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