Question
A certain sum of money will be doubled in 80 years at
the rate of simple interest percent per annum is:Solution
SI = (P × R × T)/100 Amount, (A) = P + SI Let P be the principal. SI = 2P – P = P ⇒ P = (P × R × T)/100 ⇒ P = (P × R × 80)/100 ⇒ R = 100/80 = 1.25%
More Simple and compound interest Questions
What is the primary purpose of an IP address?
Which key combination is the shortcut to maximize current window
What is the range of IP addresses for Class A networks?
Which of the following is the largest storage?
Which one of the following is NOT a web browser?
What is the purpose of a Honeypot in network security?
What is the primary significance of a MAC address on a NIC (Network Interface Card)?
Who translates the domain name into its associated IP address?
What is the full form of bps in terms of computer networking?
An example of a telecommunications device is a ________.
Relevant for Exams:
