Google
Company
Category
at what rate %per annum of simple interest will a certain sum of money become double in 5 years
Read Solution (Total 3)
-
- SI+P=2P
SI=P
SI=PTR/100
P=(P*5*R)/100
R=100/5
R=20% - 5 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% - 5 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 - 5 years agoHelpfull: Yes(0) No(3)
Google Other Question