CBSE Class 12-commerce Answered
In how many years the amount of money will be double the principle at simple interest of 12% p.a
Asked by elainexavier103 | 24 Aug, 2019, 15:47: PM
![Here
Amount space equals space straight I space plus space straight P
Amount space equals space 2 straight P
straight I space equals space straight P
hence comma
straight P equals Pnr over 100
1 equals fraction numerator straight n cross times 12 over denominator 100 end fraction
straight n equals 8.33 space years](https://images.topperlearning.com/topper/tinymce/cache/e3d6627a12d6f7f80825f8019e0e2bca.png)
Answered by Arun | 25 Aug, 2019, 13:51: PM
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