in what time will an amount double if the simple interest is calculated at 10% per annum
Answers
Answered by
1
Let the sum of money be ₹x.
Amount=₹2x.
Rate=10%p.a.
Time=?
SI=A-P=2x-x=₹x
SI=(P*T*R)/100
T=(SI*100)/(P*10)
T=x*100/x*10
T=10 yrs
Similar questions