The principal doubles itself in T years at
simple interest at 12.5% p.a.
Find the value of T.
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Answer: 8 years
Step-by-step explanation:
Let principal be x
rate= 12.5 %
amount =2x
simple interest =2x-x =x
SI = P*R*T/100
x= x*12.5*T/100
T = 100/12.5
T = 8 years
Time = 8 years
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