at what rate %per annum of simple interest will a certain sum of money become double in 5 years

• SI+P=2P
  SI=P
  SI=PTR/100
  P=(P*5*R)/100
  R=100/5
  R=20%
• 4 years agoHelpfull: Yes(4) No(0)
• A = P(1+(TR/100))
  
  2X = X(1+(20R/100))
  
  2X/X = 1+(20R/100)
  
  2-1 = R/5
  
  R = 5*1 = 5%
• 4 years agoHelpfull: Yes(0) No(4)
• A = P(1+(TR/100))
  
  2X = X(1+(20R/100))
  
  2X/X = 1+(20R/100)
  
  2-1 = R/5
  
  R = 5*1 = 5%
  
  5% simple intrest money will doubles after 20 years
• 4 years agoHelpfull: Yes(0) No(3)