Math, asked by samantikaviid, 4 months ago

In what time will a sum of money triple itself at the rate of 16%pa?
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Answers

Answered by Anonymous
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Answer:

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Answered by Anonymous
3

Answer:

A sum of money triple itself at 16% p.a. at simple interest in 12.5 years

Step-by-step explanation:

Let the sum of money be x

Amount = 3x

Simple interest = Amount - Principal = 3x

X=2x

Rate of interest = 16%

Si = PXT R 100

2x XxTx16 100

200 16 T

12.5 =T

Hence A sum of money triple itself at 16% p.a. at simple interest in 12.5 years

Step-by-step explanation:

I hope this helps you but don't think that I have copied answer of Ladynoir31 because I have Just learn it.

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