Home

 Solve any problem (step by step solutions) Input table (Matrix, Statistics)
Mode :
SolutionHelp
Solution
 At what rate percent per annum will sum of money double in 8 years? [ Calculator, Method and examples ]Solution:Your problem -> At what rate percent per annum will sum of money double in 8 years?Let, Sum = X, Time = 8 years and Amount = 2X. :. SI = X. SI = (P*R*N)/100R = (SI * 100)/(P * N) = (X * 100)/( X * 8 ) = 25/2 % :. sum of money double at 25/2 % in 8 years.

Solution provided by AtoZmath.com
Any wrong solution, solution improvement, feedback then Submit Here
Want to know about AtoZmath.com and me