At what time will a sum double itself, if the rate of interest is 5 % ? (2024)

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Simple Interest

At what time ...

A

10 years

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

18 years

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

20 years

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D 20 years
Given:
Rate = 5%

If, Principle = ₹ 100 then, Amount = ₹ 200.

S.I=AP= 100

S.I=P×R×T100

T=S.I×100P×R

T=100×100100×5

T=20 years

So, the time required is 20 years.


At what time will a sum double itself, if the rate of interest is 5 % ? (1)

At what time will a sum double itself, if the rate of interest is 5 % ? (2)

Suggest Corrections

At what time will a sum double itself, if the rate of interest is 5 % ? (3)

At what time will a sum double itself, if the rate of interest is 5 % ? (4)

60

Join BYJU'S Learning Program

At what time will a sum double itself, if the rate of interest is 5 % ? (7)

At what time will a sum double itself, if the rate of interest is 5 % ? (8)

Related Videos

At what time will a sum double itself, if the rate of interest is 5 % ? (9)

At what time will a sum double itself, if the rate of interest is 5 % ? (10)

At what time will a sum double itself, if the rate of interest is 5 % ? (11)

Simple and Compound Interest

MATHEMATICS

Watch in App

At what time will a sum double itself, if the rate of interest is 5 % ? (2024)
Top Articles
Latest Posts
Article information

Author: Rev. Porsche Oberbrunner

Last Updated:

Views: 5871

Rating: 4.2 / 5 (73 voted)

Reviews: 80% of readers found this page helpful

Author information

Name: Rev. Porsche Oberbrunner

Birthday: 1994-06-25

Address: Suite 153 582 Lubowitz Walks, Port Alfredoborough, IN 72879-2838

Phone: +128413562823324

Job: IT Strategist

Hobby: Video gaming, Basketball, Web surfing, Book restoration, Jogging, Shooting, Fishing

Introduction: My name is Rev. Porsche Oberbrunner, I am a zany, graceful, talented, witty, determined, shiny, enchanting person who loves writing and wants to share my knowledge and understanding with you.