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A sum doubles itself in 16 years, then in how many years will it triple itself; rate of interest being simple
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- 25 years
- 24 years
- 48 years
- 64 years
- None of these
- 25 years
Correct Option: E
Let Principal = Rs. p and Simple Interest = Rs. p
| Rate = | |
| Principal × Time |
| Rate = | = | % per annum | ||
| p × 16 | 4 |
Case II,
Interest = Rs. 2p
| ∴ Time = | |
| Principal × Rate |
| Time = | = 32 year. | |
| p × 25 |
Second method to solve this question :
Here , n = 2
| R = | × 100% | |
| T |
| R = | × 100 | |
| 16 |
| R = | % | |
| 4 |
| R = 6 | % | |
| 4 |
| Now, T = | × 100 | |
| R |
Here , n = 3
| T = | × 100 | |
| ( 25/4 ) |
| T = | = 32 years. | |
| 25 |