1.

sum of money triples itself in 3 yr at a simple interw many years will it multiply five times?5 of these(2) 6(3) 4(4) 8

Answer»

For 3 yrsSI = P*R*T/1003P-P = P*R*3/1002P = 3P*R/100R = 200/3

Money will become 5 times5P - P = (P*200/3*T)/1004P = (2/3P)TT = 6

Money will become five times in 6 years



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