CBSE Class 7 Answered
In how much time will a sum of money double itself if invested at 8% simple interest per annum?
Asked by Trisha Gupta | 13 Mar, 2020, 11:02: AM
Expert Answer
Let the sum invested be Rs. x.
Amount will be A = 2x
Simple interest = 2x - x = x
SI = PNR/100
x = x × N × 8/100
N = 12.5 years
In 12.5 years time will a sum of money double itself if invested at 8% simple interest per annum.
Answered by Sneha shidid | 13 Mar, 2020, 11:12: AM
Concept Videos
CBSE 7 - Maths
Asked by priyankau960 | 24 Feb, 2024, 22:56: PM
ANSWERED BY EXPERTCBSE 7 - Maths
Asked by roza212006 | 28 Jan, 2024, 19:56: PM
ANSWERED BY EXPERTCBSE 7 - Maths
Asked by kallemahesh5 | 31 Oct, 2023, 08:56: AM
ANSWERED BY EXPERTCBSE 7 - Maths
Asked by harshabhamare26 | 20 Oct, 2023, 08:54: AM
ANSWERED BY EXPERTCBSE 7 - Maths
Asked by vinitagupta01984 | 15 Oct, 2023, 10:07: AM
ANSWERED BY EXPERTCBSE 7 - Maths
Asked by mp190630 | 30 Sep, 2023, 15:12: PM
ANSWERED BY EXPERTCBSE 7 - Maths
Asked by gouravyadav2727 | 10 Sep, 2023, 20:12: PM
ANSWERED BY EXPERT
