You paid Rs.1234 and the amount doubles in 6 years. Find your rate of simple interest ?

• si= p*r*t/100
  r*t= 100
  r= 100/6
  r= 16.66 %
• 11 years agoHelpfull: Yes(25) No(0)
• amount double means SI=x and P=x and given this P and SI is 1234
  given T=6,R=?
  SI=P*R*T/100
  x=x*R*6/100
  1=R*6/100
  100/6=R
  ans:- R=66.66%
• 11 years agoHelpfull: Yes(6) No(16)
• amount=p(1+(tr)/100)
  2x-x(1+(6r)/100)
  r=100/6=16.6
• 11 years agoHelpfull: Yes(5) No(0)
• We know the simple quation of interest is
  A=p+(r*t*p)/100
  here a=2*1234
  p=1234
  t=6 years
  then r will be 16.66%
• 10 years agoHelpfull: Yes(4) No(0)
• sorry for my mistake its 100/6=16.66
  but i write 66.66%
  its 16.66% but my others thins r right.
• 10 years agoHelpfull: Yes(4) No(0)
• here SI=P=1234
  
  now Rate =100*S.I/P*T=100/6=16.66%
• 11 years agoHelpfull: Yes(1) No(0)
• 6 yr interest=1234
  so s.i=1234/6
  1236/6=p*r*T/100
  r=100/36
  r=25/9%
• 10 years agoHelpfull: Yes(0) No(2)