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In what time does a sum becomes five times at the simple interest at rate of 5\% per annum?

In what time does a sum becomes five times at the simple interest at rate of 5\% per annum?

Hence, the correct answer is 11\%.

How long will it take for an amount to become 5 times of itself at 20\% pa simple interest?

Answer: the answer is five years.

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In what time will a sum of money triples itself at 16\% per annum at simple interest?

A sum of money triple itself at 16\% p.a. at simple interest in 12.5 years.

In what time will a sum of money double itself at 16\% per annum at simple interest?

Answer Expert Verified since , the sum will be doubled in 16 years.

At what time a sum of money becomes 11 5th of itself at the rate of 5\% simple interest pa?

Compound Interest

Month Starting balance Interest earned
2 1002.50 2.51
3 1005.01 2.51
4 1007.52 2.52
5 1010.04 2.53

In what time will a sum of money 4 times itself at simple interest 5\% per annum?

Hence a sum of money become four times at the simple interest rate of 5\% per annum in 60 years .

How many years will a certain sum becomes three times itself at 25\% per annum under simple interest?

=>t=8 years. So in 8 years a certain sum becomes 3 times itself in 25\% per annum.

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In what time does a sum of money become triple the amount?

So 10+10=20 years.

In what time will sum of money doubles itself?

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

In what time will a sum of money doubles itself at 12 per annum?

8 years and 4 months
In this problem, it is given that the rate is 12 \% per annum and we need to find the time in which the principal amount doubles. The total amount at the end of N years is the sum of simple interest and the principal amount. Hence, the required time is 8 years and 4 months.

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