the rate per annum of SI , for which a sum of money will be double of itself in 10 years, is
Answers
Answered by
0
Answer:
10% answer
Step-by-step explanation:
=(n-1)/time×100
=(2-1)/10×100
=10%
Answered by
1
Answer:
10%
Step-by-step explanation:
As Initial Amount is P(Let) which is basically principal amount itself.
After 10 yrs it will be 2 P
And we know, S.I= Amount-Principal=2P-P=P
PRT÷100= P
R*10=100
R=10%.
I hope this will help.
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