At what rate of simplest interest will Rs. 1000 tripple itself in 20 y – InterviewSolution

1.

At what rate of simplest interest will Rs. 1000 tripple itself in 20 years

Answer»

Step-by-step EXPLANATION:

We have,

Let p=x, A=3x.T=10 YEARS,

SI=A−P

=3x−x

=2x

R=

P×T

SI×100

R=

x×10

2x×100

R=20%

HENCE, this is answer.

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