A certain sum of money triples itself in 5 years at simple interest. In how many years it will be five times?Question 10Answera.10b.8c.15d.5
Question
Solution 1
The problem states that a certain sum of money triples itself in 5 years at simple interest. This means that the interest earned in 5 years is twice the original sum.
Simple interest is calculated using the formula: I = PRT/100, where I is the interest, P is the principal amount (the original sum), Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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