a sum of money at simple interest double itself in 8 years 4 months in how much time will it triple itself
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a sum of money at simple interest double itself in 8 years 4 months in how much time will it triple itself
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Answer:
let principal amount = 100
internet = 100
according to formula
100 = (100 * 25/3 * R)/100
R = 12%
now interest = 200
200 = 100 *12 *t / 100
t = 200/12 = 16.66 = 16 year 8 months
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Answer:
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