In how many years will RS 150 double itself at 4 persent simple interest?
S.I. = (PRT)/100
Final amount = P + SI
= P + (PRT)/100
= 150 + (150*4*T)/100
To double itself:
300 = 150 + (150*4*T)/100
150 = (150*4*T)/100
100 = 4T
T = 25
Hence, it will take 25 years
This is incorrect math
Gupta
Thanks you meri problem solve karane ke liye
To find out in how many years Rs 150 will double itself at 4 percent simple interest, you can use the formula for simple interest:
Simple Interest (SI) = (Principal * Rate * Time)/100
In this case, the principal is Rs 150, the rate is 4 percent, and we need to find the time.
We can rearrange the formula to solve for time:
Time = (SI * 100)/(Principal * Rate)
Let's substitute the given values into the formula:
Time = (150 * 4 * 100)/(150 * 4)
Now, we can simplify:
Time = 40000/600
Time = 66.67
Therefore, it would take approximately 66.67 years for Rs 150 to double itself at 4 percent simple interest.