The time required for a sum of money to amount to five times itself at 16% simple interest p.a. will be.?
Question
Solution 1
To solve this problem, we need to use the formula for simple interest which is I = PRT/100, where I is the interest, P is the principal amount, R is the rate of interest, and T is the time.
In this case, we know that the sum of money amounts to five times itself. This means that the interest earned Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI
Similar Questions
The time required for a sum of money to amount to five times itself at 16% simple interest p.a. will be.?
A sum invested at 5% simple interest p.a. grows to Rs.504 in 4yrs. The same amount at 10% simple interest p.a. in 21/2 yrs will grow to:
If a simple interest on a sum of money at 65 p.a. for 7 years is equal to twice of simple interest on another sum for 9 years at 5% p.a.. The ratio will be
The difference between the simple interest and the compound interest on a sum of money at 5% p.a. for 3 years is ₹122. Find the sum.₹12,000₹8,000₹16,000₹20,000
What sum of money at simple interest,amount to Rs.800 in 4 years and amount to Rs.900 in 6 years.Find the principal value and rate of interest.
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.