A person has deposited amount at …
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Naveen Sharma 7 years, 1 month ago
Ans. Let Principal = 100 Rs.
Rate = 12%
Amount = 200 ( as per question)
Interest = 200 - 100 = 100
Time required = {tex}Interest \times 100 \over Rate \times Principal{/tex}
{tex}=>{ 100\times 100 \over 12\times 100} = {25\over 3} = 8{1\over 3}Years{/tex}
= 8 Years 4 Months
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