No products in the cart.

A certain sum of money doubles …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

A certain sum of money doubles itself at simple interest in 8 yrs. In how many yrs will it be three times at the same rate ?
  • 1 answers

Rajeev Malhotra 6 years, 11 months ago

let the sum= Rs 100, T= 8 years  Amount = 200, So simple interest = 200-100=100

S.I = P*R*T/100

100=100*R*8/100

8R = 100

R=100/8= 25/2

Now R = 25/2% , P =Rs 100, Amount = Rs 300, So Simple Interest = 300-100=200

200=100*25/2*T/100

200= 25T/2

T = 200*2/25

T=8*2 = 16 years 

http://mycbseguide.com/examin8/

Related Questions

Kingdom classification
  • 2 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App