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Saurav Rawat

· started a discussion

· 1 Months ago

Query (Question: 108483.0 )

Why did we take the interest=100?

Question:
In what time does money becomes double at simple interest rate of 6% per annum?
Options:
A) 14.66 Years.
B) 15.66 Years.
C) 16.66 Years.
D) 17.66 Years.
Solution:
Let the money be \(\unicode{x20B9} \)100
Interest = 100 
T = 100 x S.I.
         P x R
   = 100 x 100
      100 x 6
    = 16.66 Years.

Knowledge Expert

· commented

· 1 Months ago

It has been considered to solve...
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