Table of Contents
- 1 In what time will money Triple itself if the rate of simple interest is 10\%?
- 2 How long in years will it take any sum of money to triple itself at 5\% simple interest?
- 3 How long will it take for Rs 200 to double itself at 10\% simple interest?
- 4 How long will it take an investment to triple in value if the interest rate is 6\% compounded continuously?
In what time will money Triple itself if the rate of simple interest is 10\%?
Therefore, 11.53 years.
How many years will an amount of money double itself at 10 interest rate?
10 years
Hence, it will take 10 years for the sum of money to double itself with the rate of 10\% per annum simple interest.
How long will it take money to triple itself?
So the answer is approximately 18 years 10 months.
How long in years will it take any sum of money to triple itself at 5\% simple interest?
40 years
The sum of money triples itself. ∴ The number of years by which a sum will triple itself at 5\% p.a is 40 years.
At what rate of interest the sum will triple itself in 12 years?
Ans 16.6 \\% 3)
At what rate a sum triples itself in 8 years 4 months?
The rate of interest is 25\% where the principal amount triples itself.
How long will it take for Rs 200 to double itself at 10\% simple interest?
Give total of cash a chance to be 100 sum = 2 × 100 = 200 straightforward premium = 200 – 100 = 100 time = si × 100/important × rate 100 × 100/100 × 10. In 10 years, a total of cash duplicates itself at 10\% for every annum basic premium.
How many years will a sum of money double itself at 12\% per annum?
In this problem, it is given that the rate is 12 \% per annum and we need to find the time in which the principal amount doubles. The total amount at the end of N years is the sum of simple interest and the principal amount. Hence, the required time is 8 years and 4 months.
How many years will it take an investment to triple itself if the interest rate is 9\% compounded annually?
The answer to the question is 14.3 years. There are two ways to get this answer. 1. Rule 115 where you divide 115 by the interest rate (115/8 = 14.3).
How long will it take an investment to triple in value if the interest rate is 6\% compounded continuously?
To the nearest year, it will it take 18 years for an investment to triple, if it is continuously compounded at 6\% per year.
How long in years will it take a sum of money to triple if it earns 6\% simple interest?
Each year 6\% of the principal amount would be accumulated . To triple the principle you need to earn 200\% interest. 200\% divided by 6\% per year = 33 1/3 years. It takes 33 years and 4 months to triple the money.
At what rate simple interest will a sum of money Triple itself in 8 years?
Answer: 25\% is the rate of interest when principal amount triples in 8 years.