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
Solution
The answer is 20 years.
Here's the step-by-step solution:
- We know that the sum of money doubles in 10 years
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