The amount will become 3 times of principal in 10 years, at what percent per annum.
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Answer:
20%
Step-by-step explanation:
let's assume the principal is 100 rupees.
according to the question, in 10 years the
amount will be 3x100=300 rs. (R =percentage)
So, 100+ (100×10xR)/100= 300
or, 100+ 10R =300
or, 10R= 200
SO, R= 20%
20%
Step-by-step explanation:
let's assume the principal is 100 rupees.
according to the question, in 10 years the
amount will be 3x100=300 rs. (R =percentage)
So, 100+ (100×10xR)/100= 300
or, 100+ 10R =300
or, 10R= 200
SO, R= 20%
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