Question

In what time will Rs. 2,700 will double itself if rate of interest is 4% p.a?

Answer 1

Solution:-

Principal = Rs. 2700
So, the Simple Interest if it doubles will be = Rs. 2700
S.I. = (P*R*T)/100
2700 = (2700*4*T)/100
10800T = 2700*100
T = 270000/10800
T = 25 
So, in 25 years Rs. 2700 will be doubled at the rate of 4 % simple interest.

Answer 2

Answer:

25

Step-by-step explanation:

S.I.= P×R×T/100

S.I.= P×R×T/1002700=2700×4×T/100

S.I.= P×R×T/1002700=2700×4×T/1002700=108T

S.I.= P×R×T/1002700=2700×4×T/1002700=108TT=2700/108

S.I.= P×R×T/1002700=2700×4×T/1002700=108TT=2700/10825%