In what time will a sum of money Triple itself at 20% per annum?

Answer Expert Verified = 10 years . A sum becomes 3 times. Rate = 20% p.a.

At what rate percent will an amount doubles itself in 20 years at simple interest?

Answer Expert Verified At 5% simple interest, a sum of money doubles itself in 20 years.

How many years will a sum of money becomes doubles at 10% per annum simple interest?

10 years
Hence, it will take 10 years for the sum of money to double itself with the rate of 10% per annum simple interest.

At what rate per annum will the principle triples in 10 years?

Thanks. Thus at a rate of 11.612% ( approx). Your sum will get tripled by 10 years(if compounded Anually).

How long will it take any sum to triple itself at 5% simple interest rate?

The sum of money triples itself. ∴ The number of years by which a sum will triple itself at 5% p.a is 40 years.

How long does it take for a sum of money to triple itself at a simple interest rate of 5% per annum?

If your money earns a 5 percent interest rate, it will triple in 23 years (115 divided by 5 equals 23).

At what rate percent on simple interest will a sum of money doubles itself in 30 years?

So rate of interest should be 3 (1/3) to get some of money double itself.

How many years will it take for some amount to double itself if the rate of interest is 8% per annum?

10 years. Formula : So, a sum of money double itself at 8% p.a in 10 years.

How is sum becomes 4 times at simple interest in 10 years?

A sum becomes 4 times at simple interest in 10 years. What is the rate of interest? Here, the sum become 4 times that means 100, become 400. In a certain time, the ratio of a certain principal and interest obtained from it are in the ratio 10 : 3 at 10% interest per annum. The number of years for which the money was invested is = ?

What is the sum and the rate of interest per annum?

A sum of money becomes 17640 in two years and 18522 in 3 years at the same rate of interest, compounded annually. What is the sum and the rate of the interest per annum?

How does a sum of money become 3 times itself in 20 years?

A sum of money becomes 3 times itself in 20 years at a certain rate of simple interest. In how many years does it double itself at the same rate of simple interest? – Quora A sum of money becomes 3 times itself in 20 years at a certain rate of simple interest. In how many years does it double itself at the same rate of simple interest?

How many times can a sum of money double itself?

A sum of money double itself in 4 years at compound interest. In how many years it will become eight times at same rate of interest Was this answer helpful?