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60. A certain sum of money triplesitself in 5 years at simpleinterest. In how many years itwill be five times?/5 aui져する羽ㄒㄒ司可TZTft?

Answer»

Let the Principal be Rs.100amount=300

SI=p*r*t/100200=100*r*5/100200=5r200/5=r40=r

the rate of interest is 40%

required amount=500required interest=400

400=100*40*t/100400=40t400/40=t10=t

it will take 10 years to be 5 times.

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