In how many years will a sum of money doubles itself at 12% per annum on simple interest

Open in App

Solution

Let sum of money be P=100
Interest per annum =10%
amount = 2× 100 = 200
simple interest = 200 - 100 = 100
Since, SI=PTR100
T=100×SIPR
=100×100100×10
t=10 years.


Similar questions

Q. A certain sum of money lent out at a certain rate of interest per annum, doubles itself in 10 years. In how many years will it treble itself?

Q. In how many years will a sum of money double itself at 4% per annum ?

Q. In how much time, will a sum of money double itself at 12.5% per annum rate of interest.

Q. At what rate percent per annum simple interest will a sum of money double itself in 6 years?

Q. A sum of money lent out at C.I. at a certain rate per annum doubles itself in 5 years. Find in how many years will the money become eight times of itself at the same rate of interest p.a.

View More


Getting Image
Please Wait...

Course

NCERT

Class 12Class 11Class 10Class 9Class 8Class 7Class 6

IIT JEE

Exam

JEE MAINSJEE ADVANCEDX BOARDSXII BOARDS

NEET

Neet Previous Year (Year Wise)Physics Previous YearChemistry Previous YearBiology Previous YearNeet All Sample PapersSample Papers BiologySample Papers PhysicsSample Papers Chemistry

Download PDF's

Class 12Class 11Class 10Class 9Class 8Class 7Class 6

Exam CornerOnline ClassQuizAsk Doubt on WhatsappSearch DoubtnutEnglish DictionaryToppers TalkBlogJEE Crash CourseAbout UsCareerDownloadGet AppTechnothlon-2019

Logout

Login

Register now for special offers

+91

Home

>

English

>

Class 14

>

Maths

>

Chapter

>

Practice Set 19

>

In how many years will a sum o...

Updated On: 27-06-2022

UPLOAD PHOTO AND GET THE ANSWER NOW!

Text Solution

DACB

Answer

Step by step solution by experts to help you in doubt clearance & scoring excellent marks in exams.

Related Videos

643115603

0

7.3 K

1:50

(b) 20 yrs 11 month -10 yrs 8 month 23 days = How many yr, month and days ?

643115604

0

7.0 K

3:50

( c) 8 yrs 7 month 21 days × 9 = How many yr, month and days?

643115602

0

7.3 K

3:34

(a) 8 yrs 8 month 28 days + 11 yrs 8 month 18 days = How many yr, month and days ?

643115605

0

5.5 K

3:29

(d) 21 yrs 7 month 6 days × 9 = How many year, month and days?

3953597

0

5.1 K

1:57

A sum of money trebles itself in 15 years 6 months. In how many years would it double itself? (a) 6 years 3 months       (b) 7 years 9 months (c) 8 years 3 months       (d) 9 years 6 months

438325704

0

8.5 K

4:00

A sum of money amounts to X 2240 at 4% per annum simple interest in 3 yr. The interest on the same sum for 6 months at 3.5% per annum is

Show More

Comments

Add a public comment...

Follow Us:

Popular Chapters by Class:

Class 6

AlgebraBasic Geometrical IdeasData HandlingDecimalsFractions

Class 7

Algebraic ExpressionsComparing QuantitiesCongruence of TrianglesData HandlingExponents and Powers

Class 8

Algebraic Expressions and IdentitiesComparing QuantitiesCubes and Cube RootsData HandlingDirect and Inverse Proportions

Class 9

Areas of Parallelograms and TrianglesCirclesCoordinate GeometryHerons FormulaIntroduction to Euclids Geometry

Class 10

Areas Related to CirclesArithmetic ProgressionsCirclesCoordinate GeometryIntroduction to Trigonometry

Class 11

Binomial TheoremComplex Numbers and Quadratic EquationsConic SectionsIntroduction to Three Dimensional GeometryLimits and Derivatives

Class 12

Application of DerivativesApplication of IntegralsContinuity and DifferentiabilityDeterminantsDifferential Equations

Privacy PolicyTerms And Conditions

Disclosure PolicyContact Us

In what time will a sum of money at 12% per annum simple interest?

The time required is 8 years and 4 months.

How many years will a sum double itself at 12.5% pa simple interest?

∴ The principal doubles itself at 12.5% rate of interest in 8 years.

How many years will a sum of money doubles itself at 10% per annum simple interest?

Here, we have R = 10% and have to calculate t for the sum of the money (that is P) to double. Hence, it will take 10 years for the sum of money to double itself with the rate of 10% per annum simple interest.

How many years will a sum of money double itself at the rate of 5% per annum?

So time required is 10 years.

Toplist

Neuester Beitrag

Stichworte