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Byju's Answer
Standard VIII
Mathematics
Rate Compounded Anually or Half-Yearly
A sum becomes...
Question
A sum becomes triple in
6
years at S.I. The same sum will become
19
times in how many years?
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Solution
Let the sum be x
simple interest on x for 6 years= x (as the sum doubles)
S
I
=
P
R
T
100
⇒
x
=
x
R
×
b
100
⇒
R
=
100
6
For the sum x to become 8 x, simple interest = 7x
7
x
=
x
R
T
100
⇒
7
=
R
T
100
⇒
7
=
100
6
×
T
100
=
T
6
⇒
T
=
7
×
6
=
42
years
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