in what time will the sum of money double itself at 15%per annum
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Answered by
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Let the sum and simple interest be x.
We know that SI = PTR/100.
T = 100 * SI/P * R
= 100 * x/x * 15
= 100/15
= 20/3
= 6 2/3.
Hope this helps!
We know that SI = PTR/100.
T = 100 * SI/P * R
= 100 * x/x * 15
= 100/15
= 20/3
= 6 2/3.
Hope this helps!
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