At what rate of simple interest will a sum of money triples itself in 40 years?


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At what rate of simple interest will a sum of money triples itself in 40 years?

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A sum of money at simple inter...

Updated On: 27-06-2022

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40 years 36 years 30 years 25 years

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643431067

300

3.0 K

2:28

A sum of money becomes 5 times of itself in 5 years at simple interest. In what time it will becomes 7 times of itself.

647366694

300

6.8 K

1:31

A sum of money invested at simple interest triples itself in 8 years. How many times will it become in 20 years time?

645951239

200

8.2 K

3:17

A sum of money triples itself in 3 years at compound interest. In how many years will it become 9 times itself ?

41017755

1.5 K

2.2 K

3:17

A sum of money triples itself in 3 years at compound interest. In how many years will it become 9 times itself ?

645951189

82

8.3 K

2:57

A sum of money invested at compound interest triples itself in five years. In how many years will it become 27 times itself at the same rate of compound interest ?

41017697

100

7.9 K

2:57

A sum of money invested at compound interest triples itself in five years. In how many years will it become 27 times itself at the same rate of compound interest ?

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At what rate of simple interest will a sum of money triples itself in 40 years?

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What time a sum of money will triples itself at a rate of simple interest of 4% per annum?

⇒T=x×152x×100=340=13. 3 years.

At what rate of simple interest will a sum of money triple itself in 10 years?

∴ The annual rate of interest is 20%.

At what rate of simple interest will a sum treble itself in 20 years?

Hence, rate of interest is 10%.

What is the rate of interest if a sum of money triples itself in 16 years?

Hence, we get the rate of interest as 12.5 %.