Question

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) An amount is borrowed at simple interest for
25 years. At the end of this period, this
amount, along with its interest, has trebled
itself. What was the rate per cent?​

Answer 1

Step by step explanation

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Answer 2

Step-by-step explanation:

Time=25years

principal=X

amount=3X

interest=amount-principal

=3X-X=2X

interest=p*r*t/100

2X =X*r*25/100

:- r=200X/25X

=8%