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At what percent by simple interest will a sum of money double itself in 5 years 4 months?Hint:Use the formula of total amount and then find the rate of interest R.The correct answer is: 18.75%Complete step by step solution:Formula for total amount = A = P + SI…(i)where A is the total amount, P is the principal amount and SI is simple interest .Here, A = 2P and SI = where P is Principal amount, T is number of years and R is the rate of interest.We have, T = 5 years and 4 months = years (given) and R = ?On substituting the known values in (i), we have .Subtract P from both sides.Then we have, So, we have R = 18.75%At 18.75% per annum the sum amount will double itself in 5 years and 4 months.Book A Free DemoMobile* +91 I agree to get WhatsApp notifications & Marketing updates Related Questions to studyMaths- A sum of money lent out at simple interest amounts to Rs. 1240 in 4 years and Rs 1360 in 6 years. Find the sum and rate percent?Complete step by step
solution: This can be written as On simplifications, we get P = 1000. A sum of money lent out at simple interest amounts to Rs. 1240 in 4 years and Rs 1360 in 6 years. Find the sum and rate percent?Maths-General Complete step by step
solution: This can be written as On simplifications, we get P = 1000. Maths- The simple interest on a certain sum is 16/25 of the sum. Find the rate percent and time if both are numerically equal?Complete step by step solution: Given that rate of interest = time , so R = T =
8 The simple interest on a certain sum is 16/25 of the sum. Find the rate percent and time if both are numerically equal?Maths-General Complete step by step solution: Given that rate of interest = time , so R = T = 8 Maths- At what rate percent per annum, simple interest will be Rs. 3600 amount to Rs. 4734 in 3 ½ years?Complete step by step solution: Hence the rate of interest R is 9%. At what rate percent per annum, simple interest will be Rs. 3600 amount to Rs. 4734 in 3 ½ years?Maths-General Complete step by step solution: Hence the rate of interest R is 9%. Maths- Explanation:
Step 1 of 2: Step 2 of 2: Now we have to solve this above equation. On further calculation, Step 3 of 3: So, the solutions will be Maths-General Explanation:
Step 1 of 2: Step 2 of 2: Now we have to solve this above equation. On further calculation, Step 3 of 3: So, the solutions will be Maths- Jaime is preparing for a bicycle race. His goal is to bicycle an average of at least 280 miles per week for 4 weeks. He bicycled 240 miles the first week, 310 miles the second week, and 320 miles the third week. Which inequality can be used to represent the number of miles, x , Jaime could bicycle on the 4th week to meet his goal?Explanation:
Step 1 of 1: Now, for completing the goal, this average must be greater than or equal to 280 . On simplification, So, Option (D) is correct. Jaime is preparing for a bicycle race. His goal is to bicycle an average of at least 280 miles per week for 4 weeks. He bicycled 240 miles the first week, 310 miles the second week, and 320 miles the third week. Which inequality can be used to represent the number of miles, x , Jaime could bicycle on the 4th week to meet his goal?Maths-General Explanation:
Step 1 of 1: Now, for completing the goal, this average must be greater than or equal to 280
. On simplification, So, Option (D) is correct. Maths- A website-hosting service charges businesses a onetime setup fee of plus dollars for each month. If a business owner paid for the first 12 months, including the setup fee, what is the value of ?Explanation:
Step 2 of 2: On further calculation, Therefore, Option (D) is correct. A website-hosting service charges businesses a onetime setup fee of plus dollars for each month. If a business owner paid for the first 12 months, including the setup fee, what is the value of ?Maths-General Explanation:
Step 2 of 2: On further calculation, Therefore, Option (D) is correct. Maths- What value of satisfies the equation above?Explanation:
Step 1 of 1: 2x = 62 What value of satisfies the equation above?Maths-General Explanation:
Step 1 of
1: 2x = 62 Maths- A laboratory supply company produces graduated cylinders, each with an internal radius of 2 inches and an internal height between 7.75 inches and 8 inches. What is one possible volume, rounded to the nearest cubic inch, of a graduated cylinder produced by this company?Explanation:
Step 1 of 1: Final answer: A laboratory supply company produces graduated cylinders, each with an internal radius of 2 inches and an internal height between 7.75 inches and 8 inches. What is one possible volume, rounded to the nearest cubic inch, of a graduated cylinder produced by this company?Maths-General Explanation:
Step 1 of 1: Final answer: Maths- In the xy-plane, the graph of intersects the graph of y =x at the points (0,0) and (a, a). What is the value of a?Explanation:
We have given two functions Here, Use the substitution method to solve both the equation. So, substitute y = x in the first equation . So, So, solutions are In the xy-plane, the graph of intersects the graph of y =x at the points (0,0) and (a, a). What is the value of a?Maths-General Explanation:
We have given two functions Here, Use the substitution method to solve both the equation. So, substitute y = x in the first equation . So, So, solutions are Maths- Snow fell and then stopped for a time. When the snow began to fall again, it fell at a faster rate than it had initially. Assuming that none of the snow melted during the time indicated, which of the following graphs could model the total accumulation of snow versus time?Explanation:
Step 1 of 1: Snow fell and then stopped for a time. When the snow began to fall again, it fell at a faster rate than it had initially. Assuming that none of the snow melted during the time indicated, which of the following graphs could model the total accumulation of snow versus time?Maths-General Explanation:
Step 1 of 1: Maths- Explanation:
Step 1 of 1: Squaring, both sides, we will get Maths-General Explanation:
Step 1 of 1: Squaring, both sides, we will get Maths- The line with the equation is graphed in the xy-plane. What is the x-coordinate of the x-intercept of the line?Explanation:
Step 1 of 1: So, The x-coordinate of the x-intercept of the line is . The line with the equation is graphed in the xy-plane. What is the x-coordinate of the x-intercept of the line?Maths-General Explanation:
Step 1 of 1: So, The x-coordinate of the x-intercept of the line is . Maths- The table above shows some values of the functions w and t . For which value of x is ?Explanation:
Step 1 of 1: Now, for x = 1 Here, For x = 2, 2 For x = 3 5 3 + 3 So, Option (b) is correct Final answer: The table above shows some values of the functions w and t . For which value of x is ?Maths-General Explanation:
Step 1 of 1: Now, for x = 1 Here, For x = 2, 2 For x = 3 5 3 + 3 So, Option (b) is correct Final answer: Maths- Solve each inequality and graph the solution :Step 1 of 2: Step 2 of
2: Solve each inequality and graph the solution :Maths-General Step 1 of 2: Step 2 of 2: Maths- The graph above shows the positions of Paul and Mark during a race. Paul and Mark each ran at a constant rate, and Mark was given a head start to shorten the distance he needed to run. Paul finished the race in 6 seconds, and Mark finished the race in 10 seconds. According to the graph, Mark was given a head start of how many yards?Explanation:
Step 1 of 1: The graph above shows the positions of Paul and Mark during a race. Paul and Mark each ran at a constant rate, and Mark was given a head start to shorten the distance he needed to run. Paul finished the race in 6 seconds, and Mark finished the race in 10 seconds. According to the graph, Mark was given a head start of how many yards?Maths-General Explanation:
Step 1 of 1: At what rate of simple interest will a sum of money double itself in 4 years?Therefore, r=12100=831percent. At what rate percent per annum simple interest will sum double itself in 12 years?Let the principal be x. Then, the amount after 12 years be 2x. Let the rate of interest be R. ∴ The rate of interest is 25/3%. At what simple interest rate per annum a sum of money will be doubled on itself in 25 years?Detailed Solution The Sum of money doubles itself in 25 years. Concept: Simple interest is the interest calculated on the principal portion of the loan or the original contribution to the saving account. ∴ The rate of interest per annum is 4%. At what interest rate compounded quarterly will a sum of money double in 4 years?The rule also means if you want your money to double in 4 years, you need to find an investment that earns 18% per year compounded annually. At what rate percent per annum will a sum of money double in 12.5 years?5% per annum rate of interest.
At what rate percent will a sum double itself in 10 years?Hence the required rate in which the sum becomes double itself in 10 years is 10%.
At what rate Percent of simple interest will a sum of money double itself in 15 years?=> r = 100/15 = 20/3 % = 6.66 %.
At what rate Percent of simple interest per annum will a sum of money double itself in seven years?⇒R=6x100x=16. 6%
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