The rate at which a sum becomes four times of itself in 25 years at s.I.,will be:
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Answered by
17
Answer:
12%
Step-by-step explanation:
Given
The rate at which a sum becomes four times of itself in 25 years at s.I.,will
Let the principal amount be x
So after 25 years
T = 25 and amount will be 4x
Now simple interest will be 4x – x = 3x
We know that SI = PRT / 100
R = SI x 100 / R T
= 3x . 100 / x . 25
= 3 x 4
R = 12%
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0
Answer:
Step-by-step explanation:
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