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Asked by Kchawla94 | 05 Apr, 2019, 06:00: PM
\$100 has become 3 times in 12.5 years. hence simple interest is \$200

pnR/100 = 100×12.5×R/100 = 200  or  Rate of interest = 16%

interest for 25 years = pnR/100 = 100×25×16/100 = \$400

Total amount = \$100 + \$400 = \$500
Answered by Thiyagarajan K | 06 Apr, 2019, 12:23: PM

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