In how many years will Rs. 150 double itself 4% simple interest? (2024)

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According to the question

Amount =150×2=Rs.300

r=4% and P=Rs.150

Simple interest =AP

=300150

=Rs.150

Simple interest =PRT100

150=150×T×4100

T=150×100150×4

T=25 years

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In how many years will Rs. 150 double itself 4% simple interest? (2024)
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