1. The rate of simple interest at which a sum of money becomes three times in 25 years is :
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By: anil on 05 May 2019 01.59 am
Let the rate of interest be r% as the money is becoming 3 times the investment in 25 years it means we are generating an interest of 2times the principal amount in 25 years 2p = $$frac{p imes r imes t}{100}$$ t = 25 years is given r = 8%
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