1.

At what percent rate of interest per annum will a sum of money double itself in 10 years

Answer»

LET THE PRINCIPAL BE 1000 AND THE INT. OF 10 YEARS WOULD ALSO BE 1000 SO THAT ON ADDING THIS INT. THE AMT. WILL BE DOUBLE OF THE PRINCIPAL...

1000*R/100*10=1000

RATE=10% HOPE IT WILL HELP U .

YOU ALSO CAN TAKE ANY OTHER PRINCIPAL......



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