Question

sum of money double itself at simple intrest in 25/2 in how many year would it trible itself ​

Answer 1

Answer:

(n - 1) x 100 = rt

First : (2 - 1) x 100 = 20r

=> r = 5%

Second : (4 - 1) x 100 = 5t

=> t = 300/5 = 60 years