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How many years does a sum of money becomes 3 times itself at 12.5% pa Simple Interest?Solution : Let T years be the required time period. <br> Given that, <br> Amount `(A)=3 xx ` Principal (P) <br> `therefore P(1+(TR)/(100))=3P` <br> `implies 1+(12T)/(100)=3 implies T=(200)/(12)=16(2)/(3)` years <br> Hence, required time period`=16(2)/(3)` years.
At what rate of Simple Interest will a sum of money doubles itself in 12.5 years?r=12100=831percent.
At what rate per annum with SI will any money double in 12.5 years?R ==1/12.5 ==0.08 x 100==8% simple interest to double your money in 12.5 years.
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At what rate per annum with simple interest will money becomes thrice in 12.5 years?
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