At what rate of interest, will a sum of money triple itself in $10$ years?

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Solution

We have,
Let $p = x$ , $A = 3 x . T = 10$ years,
$S I = A - P$
$= 3 x - x$
$= 2 x$
$R = \frac{S I \times 100}{P \times T}$
$R = \frac{2 x \times 100}{x \times 10}$
$R = 20 %$
Hence, this is answer.

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At what rate of interest, will a sum of money triple itself in 10 years?

We have,Let p=x, A=3x.T=10 years,SI=A−P=3x−x=2xR=SI×100P×TR=2x×100x×10R=20%Hence, this is answer.

At what rate of interest, will a sum of money triple itself in $10$ years?

We have,
Let $p = x$ , $A = 3 x . T = 10$ years,
$S I = A - P$
$= 3 x - x$
$= 2 x$
$R = \frac{S I \times 100}{P \times T}$
$R = \frac{2 x \times 100}{x \times 10}$
$R = 20 %$
Hence, this is answer.