Question

In what time would a sum double itself at 5% simple interest?

Please answer this question properly and fast.

Answer 1

Answer:

20 years is the answer to ur question

Step-by-step explanation:

Rate=5%

Let sum (P) be x

the sum doubles itself means the amount gets doubled=A=2×x=2x

if A=2x Then,SI =A-P=2x-x=x

now we got :

rate as 5%

principle as x

amount as 2x and

interest as x

So now time =I ×100/P×R

=x×100/x×5=20years

HOPE THIS WILL HELP YOU:)

Answer 2

This is the answer hope you understand