Knowee
Questions
Features
Study Tools

Select the correct answerA sum of money (P) doubles in 10 years. In how many years it will be triples at the same rate of simple interest?Options30152010

Question

Select the correct answerA sum of money (P) doubles in 10 years. In how many years it will be triples at the same rate of simple interest?Options30152010
🧐 Not the exact question you are looking for?Go ask a question

Solution 1

The answer is 20 years.

Here's the step-by-step solution:

  1. We know that the sum of money doubles in 10 years 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

blem. 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

This problem has been solved

Similar Questions

elect the correct answerA sum of money (P) doubles in 10 years. In how many years it will be triples at the same rate of simple interest?

A sum of money (P) doubles in 10 years. In how many years it will be triples at the same rate of simple interest?Options20301015

A sum of money (P) doubles in 10 years. In how many years it will be triples at the same rate of simple interest?

a sum of money doubles in 20 years on simple interest, it will triple at the same rate in how many years?

f a sum of money at simple interest triples in 18 years, it will become 5 times in:Options22 years36 years 28 years20 years

1/3

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.